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Hurricane Energy PLC 41% Potential Upside Indicated by Barclays Capital

Hurricane Energy PLC using EPIC/TICKER code (LON:HUR) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Hurricane Energy PLC are listed in the Oil & Gas sector within AIM. Barclays Capital have set their target price at 55 GBX on its stock. This would imply the analyst believes there is now a potential upside of 41.0% from today’s opening price of 39 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.64 points and decreased 14.9 points respectively. The 1 year high for the stock price is 64.7 GBX while the year low stock price is currently 37.8 GBX.

Hurricane Energy PLC has a 50 day moving average of 44.02 GBX and a 200 Day Moving Average share price is recorded at 48.05. There are currently 1,990,228,053 shares in issue with the average daily volume traded being 10,537,748. Market capitalisation for LON:HUR is £791,314,640 GBP.