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Hunting plc 59.7% 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’ this morning by analysts at Barclays Capital. Hunting plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set their target price at 900 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 59.7% from the opening price of 563.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 4 points and increased 4.5 points respectively. The 1 year high share price is 934.5 GBX while the 52 week low for the stock is 448 GBX.

Hunting plc has a 50 day moving average of 548.37 GBX and a 200 Day Moving Average share price is recorded at 691.12. There are currently 165,073,603 shares in issue with the average daily volume traded being 470,104. Market capitalisation for LON:HTG is £908,730,184 GBP.