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Hunting plc 38.4% Potential Upside Indicated by Morgan Stanley

Hunting plc with EPIC/TICKER (LON:HTG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Morgan Stanley. Hunting plc are listed in the Oil & Gas sector within UK Main Market. Morgan Stanley have set their target price at 1230 GBX on its stock. This is indicating the analyst believes there is a potential upside of 38.4% from today’s opening price of 889 GBX. Over the last 30 and 90 trading days the company share price has increased 151.5 points and increased 303.5 points respectively. The 52 week high for the stock is 911.5 GBX while the 52 week low for the stock is 376.5 GBX.

Hunting plc has a 50 day moving average of 757.84 GBX and a 200 day moving average of 591.98. There are currently 161,839,955 shares in issue with the average daily volume traded being 870,614. Market capitalisation for LON:HTG is £1,457,368,795 GBP.