Key Points
- Hunting insider Keith Lough purchased 3,000 shares at GBX 414 each, for a total investment of £12,420.
- Hunting shares were down 14.5%, opening at GBX 405, compared with a 12-month range of GBX 300 to GBX 553.
- Analysts maintain a generally positive outlook, with four Buy ratings and one Hold; the stock has a “Moderate Buy” consensus and an average price target of GBX 530.
Hunting PLC (LON:HTG - Get Free Report) insider Keith Lough bought 3,000 shares of the stock in a transaction on Friday, August 21st. The shares were acquired at an average cost of GBX 414 per share, with a total value of £12,420.
Hunting Stock Down 14.5%
HTG stock opened at GBX 405 on Friday. The stock has a market capitalization of £589.94 million, a P/E ratio of 16.46, a price-to-earnings-growth ratio of 1.06 and a beta of 0.67. The company has a current ratio of 2.97, a quick ratio of 2.08 and a debt-to-equity ratio of 13.38. Hunting PLC has a 12 month low of GBX 300 and a 12 month high of GBX 553. The firm has a 50-day moving average price of GBX 457.76 and a 200-day moving average price of GBX 479.63.
Analysts Set New Price Targets
Several brokerages recently commented on HTG. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 600 price objective on shares of Hunting in a research note on Wednesday, July 15th. Berenberg Bank lowered their price target on shares of Hunting from GBX 580 to GBX 550 and set a "buy" rating for the company in a report on Friday. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 530.
View Our Latest Report on HTG
About Hunting
(
Get Free Report)
Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.
Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.
Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.
Our people are our most important asset.
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