Hunting (LON:HTG – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 400 ($4.98) target price on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 13.49% from the stock’s current price.
A number of other research analysts have also issued reports on the stock. Canaccord Genuity Group upped their target price on shares of Hunting from GBX 400 ($4.98) to GBX 450 ($5.60) and gave the company a “buy” rating in a report on Friday, March 1st. Berenberg Bank upped their price objective on shares of Hunting from GBX 345 ($4.29) to GBX 365 ($4.54) and gave the company a “buy” rating in a research note on Wednesday, January 10th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 407 ($5.07).
Hunting Trading Down 0.9 %
Insider Buying and Selling
In related news, insider Bruce Ferguson sold 28,960 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of GBX 303 ($3.77), for a total transaction of £87,748.80 ($109,235.40). Corporate insiders own 7.40% of the company’s stock.
About Hunting
Hunting PLC, together with its subsidiaries, manufactures components, technology systems, and precision parts worldwide. It operates in five segments: Hunting Titan; North America; Subsea Technologies; EMEA; and Asia Pacific. The company designs and manufactures perforating systems, energetics, instrumentation, and associated hardware; connection technology and OCTG; subsea technologies; supplies highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, plus complex turned, and milled profiles; well intervention equipment; and well test and process systems.
Read More
- Five stocks we like better than Hunting
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- What is MarketRank™? How to Use it
- Bear Market Funds to Watch This Year
- Airline Stocks – Top Airline Stocks to Buy Now
- 3 Steel Stocks Could Soar on New China Tariffs
Receive News & Ratings for Hunting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting and related companies with MarketBeat.com's FREE daily email newsletter.