Deutsche Bank AG Reaffirms Buy Rating for Hunting plc (HTG)

deutsche-bank-ag-reaffirms-buy-rating-for-hunting-plc-htg.gif

Hunting plc (LON:HTG)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank AG in a report issued on Wednesday, StockTargetPrices.com reports. They currently have a GBX 560 ($7.46) price target on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 25.98% from the stock’s current price.
Several other research analysts have also weighed in on HTG. Barclays PLC reduced their price objective on shares of Hunting plc from GBX 450 ($5.99) to GBX 380 ($5.06) and set an “equal weight” rating on the stock in a research note on Friday, May 13th. Canaccord Genuity cut their price target on shares of Hunting plc from GBX 300 ($4.00) to GBX 225 ($3.00) and set a “sell” rating on the stock in a research note on Friday, May 13th. Liberum Capital cut their price target on shares of Hunting plc from GBX 240 ($3.20) to GBX 232 ($3.09) and set a “sell” rating on the stock in a research note on Monday, May 16th. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 436.30 ($5.81) price target on shares of Hunting plc in a research note on Friday, June 3rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 364.63 ($4.86).
Hunting plc (LON:HTG) traded down 1.98% on Wednesday, reaching GBX 444.50. 340,236 shares of the company were exchanged. Hunting plc has a 12-month low of GBX 232.00 and a 12-month high of GBX 497.00. The stock has a 50 day moving average of GBX 450.27 and a 200 day moving average of GBX 385.18. The firm’s market capitalization is GBX 657.54 million.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/10/deutsche-bank-ag-reaffirms-buy-rating-for-hunting-plc-htg.html

In other news, insider Hunting,Richard bought 3,277 shares of the stock in a transaction that occurred on Friday, July 1st. The shares were acquired at an average cost of GBX 476 ($6.34) per share, for a total transaction of £15,598.52 ($20,775.87).
Hunting plc Company Profile
Hunting PLC is an international energy services provider to upstream oil and gas companies. The Company’s segments include Well Construction, Well Completion, Well Intervention, and Exploration and Production. The Well Construction segment provides products and services used by customers for the drilling phase of oil and gas wells, along with associated equipment used by the underground construction industry for telecommunication infrastructure build-out, and precision machining services for the energy, aviation and power generation sectors.

Receive News & Ratings for Hunting plc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Hunting plc and related companies with MarketBeat.com’s FREE daily email newsletter.

Be the first to comment on "Deutsche Bank AG Reaffirms Buy Rating for Hunting plc (HTG)"

Leave a comment

Your email address will not be published.

*