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Hunting plc 26.9% Potential Upside Indicated by RBC Capital Markets

Hunting plc using EPIC/TICKER code (LON:HTG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. Hunting plc are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set their target price at 930 GBX on its stock. This indicates the analyst now believes there is a potential upside of 26.9% from the opening price of 733 GBX. Over the last 30 and 90 trading days the company share price has decreased 24 points and decreased 46 points respectively. The 52 week high for the share price is currently at 934.5 GBX while the 52 week low is 448.26 GBX.

Hunting plc has a 50 day moving average of 798.50 GBX and the 200 Day Moving Average price is recorded at 755.68. There are currently 165,073,603 shares in issue with the average daily volume traded being 823,872. Market capitalisation for LON:HTG is £1,205,037,587 GBP.