Key Points
- Harbour Energy insider Blair Thomas sold 60,000,000 shares on March 11 at an average price of GBX 255, totaling about £153 million.
- Analysts have a consensus Moderate Buy rating with a consensus target of GBX 276.60; three analysts rate the stock Buy and two rate it Hold.
- HBR has a market capitalization of £4.56 billion, a one‑year trading range of GBX 146.40–300.60, and a negative P/E of ‑9.88, highlighting recent losses.
Harbour Energy plc (LON:HBR - Get Free Report) insider Blair Thomas sold 60,000,000 shares of the company's stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of GBX 255, for a total transaction of £153,000,000.
Harbour Energy Stock Performance
Shares of HBR stock opened at GBX 290.40 on Tuesday. The stock has a market capitalization of £4.56 billion, a price-to-earnings ratio of -9.88, a PEG ratio of 0.04 and a beta of -0.23. Harbour Energy plc has a one year low of GBX 146.40 and a one year high of GBX 300.60. The company's 50-day simple moving average is GBX 232.72 and its 200-day simple moving average is GBX 219.95. The company has a debt-to-equity ratio of 20.81, a quick ratio of 0.33 and a current ratio of 1.04.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. Canaccord Genuity Group increased their target price on Harbour Energy from GBX 292 to GBX 320 and gave the stock a "buy" rating in a report on Thursday, December 18th. Berenberg Bank reiterated a "hold" rating and issued a GBX 225 price target on shares of Harbour Energy in a report on Thursday, March 5th. Peel Hunt reissued a "buy" rating and set a GBX 270 price target on shares of Harbour Energy in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. raised their price objective on Harbour Energy from GBX 270 to GBX 278 and gave the stock a "neutral" rating in a research note on Wednesday, March 11th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Harbour Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 276.60.
View Our Latest Report on Harbour Energy
About Harbour Energy
(
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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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