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Hunting plc 38.5% Potential Upside Indicated by Barclays Capital

Hunting plc using EPIC/TICKER code (LON:HTG) had its stock rating noted as ‘Reiterates’ 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 550 GBX on its stock. This is indicating the analyst believes there is a potential upside of 38.5% from the opening price of 397 GBX. Over the last 30 and 90 trading days the company share price has decreased 83.6 points and decreased 157 points respectively. The 52 week high for the share price is currently at 725 GBX while the 52 week low is 389.8 GBX.

Hunting plc has a 50 day moving average of 458.61 GBX and a 200 day moving average of 534.66. There are currently 166,940,082 shares in issue with the average daily volume traded being 562,000. Market capitalisation for LON:HTG is £678,930,100 GBP.