Key Points
- Insider sale: Alexander Krane sold 421,062 Harbour Energy shares on April 8 at an average price of GBX 267, generating £1,124,235.54 in proceeds.
- Analyst consensus: MarketBeat lists a "Moderate Buy" consensus with a GBX 284.60 price target (three Buy, two Hold), and recent target upgrades from JPMorgan to GBX 318 and Canaccord to GBX 320.
- Stock snapshot: Shares opened at GBX 277.22 with a 52‑week range of GBX 146.40–321, a market cap of £4.35 billion, and 50‑day/200‑day moving averages of GBX 263.78/229.15.
Harbour Energy plc (LON:HBR - Get Free Report) insider Alexander Krane sold 421,062 shares of Harbour Energy stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of GBX 267, for a total value of £1,124,235.54.
Harbour Energy Price Performance
LON HBR opened at GBX 277.22 on Friday. Harbour Energy plc has a one year low of GBX 146.40 and a one year high of GBX 321. The stock has a 50-day moving average of GBX 263.78 and a 200 day moving average of GBX 229.15. The company has a market capitalization of £4.35 billion, a price-to-earnings ratio of -17.33, a PEG ratio of 0.04 and a beta of -0.23. 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
HBR has been the topic of several research reports. Peel Hunt reissued a "buy" rating and issued a GBX 270 target price on shares of Harbour Energy in a research report on Monday, December 15th. Berenberg Bank reissued a "hold" rating and issued a GBX 225 target price on shares of Harbour Energy in a research report on Thursday, March 5th. JPMorgan Chase & Co. raised their target price on Harbour Energy from GBX 278 to GBX 318 and gave the stock a "neutral" rating in a research report on Wednesday. Finally, Canaccord Genuity Group raised their target price on Harbour Energy from GBX 292 to GBX 320 and gave the stock a "buy" rating in a research report on Thursday, December 18th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 284.60.
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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.
Further Reading
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