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Hunting plc 62.5% Potential Upside Indicated by RBC Capital Markets

Hunting plc using EPIC/TICKER code (LON:HTG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. Hunting plc are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set a target price of 650 GBX on its stock. This now indicates the analyst believes there is a possible upside of 62.5% from today’s opening price of 400 GBX. Over the last 30 and 90 trading days the company share price has decreased 114.5 points and decreased 138 points respectively. The 1 year high for the stock price is 748.5 GBX while the 52 week low for the stock is 389.8 GBX.

Hunting plc has a 50 day moving average of 460.42 GBX and a 200 Day Moving Average share price is recorded at 536.58. There are currently 166,940,082 shares in issue with the average daily volume traded being 589,789. Market capitalisation for LON:HTG is £668,428,078 GBP.