Hunting’s (HTG) Hold Rating Reiterated at Jefferies Financial Group

by · The Markets Daily

Jefferies Financial Group restated their hold rating on shares of Hunting (LON:HTG – Free Report) in a report issued on Thursday,Digital Look reports. They currently have a GBX 470 price target on the stock.

A number of other analysts also recently issued reports on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 470 target price on shares of Hunting in a research report on Thursday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 600 target price on shares of Hunting in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 510.

Check Out Our Latest Report on Hunting

Hunting Price Performance

Hunting stock opened at GBX 375.50 on Thursday. Hunting has a 12 month low of GBX 338 and a 12 month high of GBX 553. The company has a current ratio of 3.15, a quick ratio of 2.08 and a debt-to-equity ratio of 16.50. The business’s 50 day simple moving average is GBX 398.18 and its 200 day simple moving average is GBX 456.46. The company has a market cap of £544.41 million, a price-to-earnings ratio of 13.65, a PEG ratio of 1.06 and a beta of 0.69.

Insider Activity

In other Hunting news, insider Keith Lough bought 3,000 shares of Hunting stock in a transaction dated Friday, August 21st. The stock was purchased at an average price of GBX 414 per share, for a total transaction of £12,420. Also, insider Paula Harris purchased 7,300 shares of the stock in a transaction dated Wednesday, August 26th. The stock was acquired at an average cost of GBX 392 per share, for a total transaction of £28,616. 3.75% of the stock is owned by company insiders.

Hunting Company Profile

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Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.

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