Key Points
- Hunting insider Bruce Ferguson bought 3,986 shares at GBX 375 each, investing a total of £14,947.50.
- Analyst sentiment is “Moderate Buy,” with a consensus price target of GBX 510; ratings cited include three Buys and one Hold.
- The shares opened at GBX 374 and trade between a 52-week low of GBX 342.50 and high of GBX 553.
Hunting PLC (LON:HTG - Get Free Report) insider Bruce Ferguson purchased 3,986 shares of the firm's stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average cost of GBX 375 per share, for a total transaction of £14,947.50.
Hunting Stock Performance
Hunting stock opened at GBX 374 on Thursday. The company has a debt-to-equity ratio of 16.50, a current ratio of 3.15 and a quick ratio of 2.08. The stock has a fifty day moving average price of GBX 396.88 and a two-hundred day moving average price of GBX 455.98. Hunting PLC has a 52-week low of GBX 342.50 and a 52-week high of GBX 553. The firm has a market capitalization of £542.24 million, a P/E ratio of 13.60, a P/E/G ratio of 1.06 and a beta of 0.69.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 600 target price on shares of Hunting in a report on Wednesday, October 28th. Jefferies Financial Group reiterated a "hold" rating and set a GBX 470 target price on shares of Hunting in a research report on Thursday, October 29th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 470 price target on shares of Hunting in a report on Thursday, October 29th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Hunting currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 510.
Check Out Our Latest Stock Report on Hunting
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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