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Hunting plc 43% Potential Upside Indicated by UBS

Hunting plc using EPIC/TICKER code (LON:HTG) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ today by analysts at UBS. Hunting plc are listed in the Oil & Gas sector within UK Main Market. UBS have set a target price of 590 GBX on its stock. This would imply the analyst believes there is now a potential upside of 43.0% from today’s opening price of 412.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 45.8 points and decreased 84.2 points respectively. The 1 year high share price is 694 GBX while the year low stock price is currently 386 GBX.

Hunting plc has a 50 day moving average of 456.28 GBX and a 200 Day Moving Average share price is recorded at 530.13. There are currently 166,940,082 shares in issue with the average daily volume traded being 520,366. Market capitalisation for LON:HTG is £686,457,637 GBP.