Hunting plc with ticker (LON:HTG) now has a potential upside of 44.8% according to Berenberg Bank.
HTG.L
Berenberg Bank set a target price of 480 GBX for the company, which when compared to the Hunting plc share price of 332 GBX at opening today (29/01/2025) indicates a potential upside of 44.8%. Trading has ranged between 278 (52 week low) and 465 (52 week high) with an average of 350,786 shares exchanging hands daily. The market capitalisation at the time of writing is £572,341,800.
Hunting PLC is a United Kingdom-based company, which specializes in the global manufacture, trade and rental of equipment for the energy industry. It provides components and tools to companies that explore, develop, and produce oil and gas resources and to those primary service companies. Its segments include Hunting Titan, North America, Subsea Technologies, Europe, Middle East and Africa (EMEA), and Asia Pacific. The Hunting Titan segment manufactures and distributes a range of well completion products and accessories. The North America segment businesses supply connections, oil country tubular goods (OCTG), subsea equipment, intervention tools, electronics and complex deep hole drilling and precision machining services for the United States, Canada and overseas markets. Its products and services include Perforating and Logging Systems; Connection Technology and OCTG; Subsea Technologies; Advanced Manufacturing; Well Intervention Equipment; Well Test and Process Systems and others.
Hunting plc 44.8% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Latest Company News
Hunting says Chief Executive Jim Johnson has given notice of his intention to retire as a director by mid-2027, with the Nomination Committee beginning a succession process.
Hunting has announced $63.5 million of new orders for its titanium stress joint product line for an offshore project in Guyana. Together with $4.4 million of related awards since December 2025, the contracts strengthen its position in FPSO-linked subsea work and are expected to contribute to earnings through 2028.
Hunting PLC announced an update to its cost reduction programme alongside changes to its capital allocation strategy. The company outlined measures aimed at improving efficiency and supporting long-term financial performance.
Hunting plc references Buccaneer Energy’s announcement confirming a 100% increase in oil production during a pilot of its Organic Oil Recovery technology at the Pine Mills field.
Hunting has confirmed that its recently acquired OOR business has won its first sampling and testing contract in Brazil.
Hunting plc delivers strong Q3 results with 15% EBITDA growth, steady margins, and continued momentum across core units, says Canaccord Genuity in reaffirmed BUY note.
