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Hunting plc 19.9% Potential Upside Indicated by Deutsche Bank

Hunting plc with EPIC/TICKER LON:HTG had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Hunting plc are listed in the Oil & Gas sector within UK Main Market. Deutsche Bank have set a target price of 700 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 19.9% from today’s opening price of 584 GBX. Over the last 30 and 90 trading days the company share price has decreased 35.5 points and increased 84.6 points respectively.

 
Hunting plc LON:HTG has a 50 day moving average of 608.27 GBX and the 200 Day Moving Average price is recorded at 495.09 GBX. The 1 year high for the stock price is 650 GBX while the year low stock price is currently 252.75 GBX. There are currently 163,358,243 shares in issue with the average daily volume traded being 477,383. Market capitalisation for LON:HTG is £933,592,359 GBP.

 

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.

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