Harbour Energy plc (LON:HBR) Receives Consensus Rating of “Moderate Buy” from Brokerages

by · The Cerbat Gem

Harbour Energy plc (LON:HBR – Get Free Report) has been assigned an average rating of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 272.

Several analysts have commented on HBR shares. JPMorgan Chase & Co. started coverage on shares of Harbour Energy in a report on Tuesday, September 2nd. They issued an “overweight” rating and a GBX 298 price objective for the company. Peel Hunt reissued a “buy” rating and issued a GBX 270 target price on shares of Harbour Energy in a research report on Monday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 282 target price on shares of Harbour Energy in a research note on Monday, November 10th. Finally, Jefferies Financial Group upped their price target on Harbour Energy from GBX 240 to GBX 290 and gave the stock a “buy” rating in a research note on Monday, October 20th.

Check Out Our Latest Report on Harbour Energy

Harbour Energy Trading Down 0.4%

Shares of HBR traded down GBX 0.90 during trading hours on Monday, reaching GBX 207.70. 22,007,531 shares of the company traded hands, compared to its average volume of 7,783,431. Harbour Energy has a 12 month low of GBX 146.40 and a 12 month high of GBX 297.20. The company has a quick ratio of 0.33, a current ratio of 0.82 and a debt-to-equity ratio of 76.75. The company’s fifty day moving average price is GBX 214.88 and its two-hundred day moving average price is GBX 211.22. The company has a market capitalization of £2.92 billion, a price-to-earnings ratio of -7.06, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23.

About Harbour Energy

(Get Free Report)

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.

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