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Hunting plc 33.6% Potential Upside Indicated by JP Morgan Cazenove

Hunting plc using EPIC/TICKER code (LON:HTG) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Hunting plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set a target price of 729 GBX on its stock. This is indicating the analyst believes there is a potential upside of 33.6% from today’s opening price of 545.5 GBX. Over the last 30 and 90 trading days the company share price has increased 9 points and decreased 193.5 points respectively. The 1 year high stock price is 934.5 GBX while the year low share price is currently 448 GBX.

Hunting plc has a 50 day moving average of 567.60 GBX and a 200 Day Moving Average share price is recorded at 739.20. There are currently 165,073,603 shares in issue with the average daily volume traded being 849,582. Market capitalisation for LON:HTG is £902,952,608 GBP.