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Hunting plc 5.4% Potential Decrease Indicated by Kepler Cheuvreux

Hunting plc using EPIC/TICKER code (LON:HTG) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Kepler Cheuvreux. Hunting plc are listed in the Oil & Gas sector within UK Main Market. Kepler Cheuvreux have set their target price at 860 GBX on its stock. This now indicates the analyst believes there is a potential downside of -5.4% from today’s opening price of 909 GBX. Over the last 30 and 90 trading days the company share price has increased 121.5 points and increased 305 points respectively. The 52 week high for the share price is currently at 930.5 GBX while the 52 week low for the share price is 376.5 GBX.

Hunting plc has a 50 day moving average of 775.69 GBX and the 200 Day Moving Average price is recorded at 601.81. There are currently 160,756,632 shares in issue with the average daily volume traded being 901,047. Market capitalisation for LON:HTG is £1,456,455,086 GBP.