Hunting plc (HTG) Coverage Initiated at Kepler Capital Markets

Kepler Capital Markets began coverage on shares of Hunting plc (LON:HTG) in a research report issued to clients and investors on Tuesday. The brokerage set a “buy” rating and a GBX 640 ($8.42) price target on the stock. Kepler Capital Markets’ price objective points to a potential upside of 21.44% from the company’s current price.

Several other equities analysts have also weighed in on the stock. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Hunting plc in a research report on Monday, September 11th. Macquarie restated an “underperform” rating and set a GBX 370 ($4.87) price target on shares of Hunting plc in a research report on Friday, August 25th. Barclays PLC restated an “overweight” rating on shares of Hunting plc in a research report on Monday, July 24th. Deutsche Bank AG reduced their price target on shares of Hunting plc from GBX 700 ($9.21) to GBX 530 ($6.97) and set a “buy” rating for the company in a research report on Friday, August 25th. Finally, Canaccord Genuity upgraded shares of Hunting plc to a “buy” rating and increased their price target for the company from GBX 425 ($5.59) to GBX 450 ($5.92) in a research report on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 613.48 ($8.07).

Hunting plc (LON:HTG) opened at GBX 527 ($6.93) on Tuesday. Hunting plc has a 1 year low of GBX 376.50 ($4.95) and a 1 year high of GBX 650 ($8.55).

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Hunting plc Company Profile

Hunting PLC is an international energy services provider to upstream oil and gas companies. The Company’s segments include Well Construction, Well Completion, Well Intervention, and Exploration and Production. The Well Construction segment provides products and services used by customers during the drilling phase of oil and gas wells, along with associated equipment used by the underground construction industry for telecommunication infrastructure build-out and precision machining services for the energy, aviation and power generation sectors.

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