Hunting (LON:HTG) Given “Buy” Rating at Collins Stewart

Hunting (LON:HTG)‘s stock had its “buy” rating restated by investment analysts at Collins Stewart in a report released on Thursday,London Stock Exchange reports. They currently have a GBX 600 price objective on the stock. Collins Stewart’s target price suggests a potential upside of 83.49% from the company’s current price.

A number of other equities analysts have also weighed in on HTG. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 600 target price on shares of Hunting in a research note on Wednesday, July 9th. Berenberg Bank reissued a “buy” rating and set a GBX 465 price target on shares of Hunting in a research report on Monday, July 21st. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Hunting currently has a consensus rating of “Buy” and a consensus price target of GBX 566.25.

Hunting Price Performance

Shares of LON HTG opened at GBX 327 on Thursday. The firm has a market cap of £670.51 million, a P/E ratio of 5.45, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07. The company has a current ratio of 2.69, a quick ratio of 2.08 and a debt-to-equity ratio of 11.64. Hunting has a 1-year low of GBX 245 and a 1-year high of GBX 455. The business’s 50 day moving average is GBX 306.62 and its 200-day moving average is GBX 288.97.

Hunting Company Profile

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.