Analysts at Credit Suisse Kept the Same their Past ‘”Outperform”’ rating on Shares Hunting (LON:HTG), Set a GBX 950.00 TP

May 17, 2018 - By Lola Flanagan

Hunting plc (LON:HTG) Logo

Hunting (LON:HTG) Rating Reaffirmed

Recently, In an analyst note made public on Thursday, 17 May, Hunting (LON:HTG) shares have had their “Outperform” Rating reconfirmed by research analysts at Credit Suisse, who currently has a GBX 950.00 target price on firm. This target by Credit Suisse indicates the possibile upside of 5.38 % from the last stock close.

Hunting plc (LON:HTG) Ratings Coverage

Among 11 analysts covering Hunting PLC (LON:HTG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Hunting PLC has GBX 1230 highest and GBX 591 lowest target. GBX 783.75’s average target is -13.87% below currents GBX 910 stock price. Hunting PLC had 23 analyst reports since November 20, 2017 according to SRatingsIntel. Kepler Cheuvreux maintained the stock with “Buy” rating in Friday, March 2 report. On Monday, March 12 the stock rating was maintained by Credit Suisse with “Outperform”. The stock has “Outperform” rating by Credit Suisse on Thursday, January 11. The rating was upgraded by Investec to “Hold” on Friday, April 27. Deutsche Bank downgraded Hunting plc (LON:HTG) rating on Wednesday, January 10. Deutsche Bank has “Hold” rating and GBX 650 target. The stock of Hunting plc (LON:HTG) has “Outperform” rating given on Tuesday, December 19 by RBC Capital Markets. The firm has “Buy” rating by Numis Securities given on Monday, January 15. The stock has “Buy” rating by Numis Securities on Monday, March 5. The stock of Hunting plc (LON:HTG) earned “Buy” rating by Goldman Sachs on Thursday, February 1. The stock of Hunting plc (LON:HTG) earned “Buy” rating by Canaccord Genuity on Monday, November 20.

The stock increased 0.17% or GBX 1.5 during the last trading session, reaching GBX 910. About 587,843 shares traded. Hunting plc (LON:HTG) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Hunting PLC manufactures, supplies, and distributes products that enable the extraction of gas and oil to upstream gas and oil companies worldwide. The company has market cap of 1.50 billion GBP. The firm operates through Well Construction, Well Completion, Well Intervention, and Exploration and Production divisions. It currently has negative earnings. The Well Construction segment provides services and products for the drilling phase of gas and oil wells, as well as associated equipment used in the underground construction industry for telecommunication infrastructure build-out.

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