Hunting’s (HTG) Outperform Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reaffirmed their outperform rating on shares of Hunting (LON:HTG) in a research note published on Thursday, ThisIsMoney.Co.Uk reports.

Several other brokerages have also weighed in on HTG. UBS Group reaffirmed a buy rating on shares of Linde in a research report on Friday, July 12th. Berenberg Bank reaffirmed a hold rating and issued a GBX 640 ($8.36) target price on shares of Hunting in a research report on Wednesday, April 17th. Canaccord Genuity lowered Cronos Group from a hold rating to a sell rating and set a C$17.00 target price on the stock. in a research report on Wednesday, March 27th. JPMorgan Chase & Co. raised from a neutral rating to an overweight rating in a research report on Friday, May 24th. Finally, Barclays reaffirmed an underweight rating and issued a GBX 600 ($7.84) target price on shares of in a research report on Monday, July 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. Hunting currently has an average rating of Buy and an average target price of GBX 783.69 ($10.24).

Shares of HTG opened at GBX 527.50 ($6.89) on Thursday. The stock’s fifty day moving average price is GBX 519.18. Hunting has a 12-month low of GBX 448 ($5.85) and a 12-month high of GBX 883.50 ($11.54). The company has a market capitalization of $880.61 million and a PE ratio of 10.09. The company has a debt-to-equity ratio of 0.55, a current ratio of 4.06 and a quick ratio of 1.73.

In other Hunting news, insider Keith Lough purchased 3,000 shares of the stock in a transaction dated Wednesday, June 5th. The shares were bought at an average cost of GBX 524 ($6.85) per share, with a total value of £15,720 ($20,540.96). Also, insider Peter Rose sold 52,460 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of GBX 494 ($6.45), for a total value of £259,152.40 ($338,628.51).

About Hunting

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.

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Analyst Recommendations for Hunting (LON:HTG)

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