Research Analysts at Deutsche Bank Didn’t Change their “Buy” rating for Hunting PLC (LON:HTG). The Price Target is GBX 560.00

Hunting PLC (LON:HTG) Rating

Stock analysts at Deutsche Bank have GBX 560.00 PT on Hunting PLC (LON:HTG). Deutsche Bank’s PT gives a potential upside of 23.98% from the company’s current price. The rating was revealed in a research report on 29 September.

Out of 14 analysts covering Hunting (LON:HTG), 2 rate it a “Buy”, 3 “Sell”, while 9 “Hold”. This means 14% are positive. GBX 654.90 is the highest target while GBX 225 is the lowest. The GBX 373.14 average target is -17.39% below today’s (GBX 451.7) stock price. Hunting has been the topic of 60 analyst reports since October 6, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock on September 29 with “Buy” rating. Barclays Capital maintained it with “Equal Weight” rating and GBX 500 target price in a September 6 report. JP Morgan maintained the shares of HTG in a report on September 6 with “Neutral” rating. Goldman Sachs maintained the firm’s rating on August 12. Goldman Sachs has “Buy” rating and GBX 654.90 price target. Lastly, Canaccord Genuity maintained the stock with “Sell” rating in an August 31 report.

About 281,840 shares traded hands. Hunting plc (LON:HTG) has risen 19.52% since February 29, 2016 and is uptrending. It has outperformed by 8.26% the S&P500.

Hunting PLC is an international energy services well-known provider to upstream gas and oil companies. The company has a market cap of 673.78 million GBP. The Company’s divisions include Well Construction, Well Completion, Well Intervention, and Exploration and Production. It currently has negative earnings. The Well Construction segment provides services and products used by clients for the drilling phase of gas and oil wells, along with associated equipment used by the underground construction industry for telecommunication infrastructure build-out, and precision machining services for the energy, aviation and power generation sectors.

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