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Hunting plc 51.6% Potential Upside Indicated by JP Morgan Cazenove

Hunting plc using EPIC/TICKER code (LON:HTG) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Hunting plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 642 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 51.6% from today’s opening price of 423.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 111.1 points and decreased 138.6 points respectively. The 1 year high stock price is 883.5 GBX while the year low share price is currently 404.4 GBX.

Hunting plc has a 50 day moving average of 519.18 GBX and the 200 Day Moving Average price is recorded at 557.79. There are currently 166,940,082 shares in issue with the average daily volume traded being 505,674. Market capitalisation for LON:HTG is £677,442,832 GBP.