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Hunting plc 34.8% Potential Upside Indicated by JP Morgan Cazenove

Hunting plc with EPIC/TICKER (LON:HTG) has had its stock rating noted as ‘Reiterates’ 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 their target price at 728 GBX on its stock. This would imply the analyst believes there is now a potential upside of 34.8% from today’s opening price of 540 GBX. Over the last 30 and 90 trading days the company share price has decreased 111.5 points and decreased 26.5 points respectively. The 52 week high for the share price is currently at 895 GBX while the 52 week low for the share price is 448 GBX.

Hunting plc has a 50 day moving average of 603.20 GBX and a 200 day moving average of 632.65. There are currently 166,940,082 shares in issue with the average daily volume traded being 625,991. Market capitalisation for LON:HTG is £892,294,738 GBP.