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Hunting plc 32.5% Potential Upside Indicated by Barclays Capital

Hunting plc using EPIC/TICKER code (LON:HTG) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Barclays Capital. Hunting plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 1000 GBX on its stock. This would imply the analyst believes there is now a potential upside of 32.5% from the opening price of 755 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.5 points and decreased 5 points respectively. The 1 year high for the share price is 934.5 GBX while the 52 week low is 448.26 GBX.

Hunting plc has a 50 day moving average of 798.83 GBX and a 200 day moving average of 754.89. There are currently 165,073,603 shares in issue with the average daily volume traded being 812,939. Market capitalisation for LON:HTG is £1,262,386,128 GBP.