Harbour Energy plc (LON:HBR) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Harbour Energy plc (LON:HBRGet Free Report) have received an average rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 311.

A number of brokerages have recently issued reports on HBR. JPMorgan Chase & Co. upped their target price on shares of Harbour Energy from GBX 260 to GBX 280 and gave the company a “neutral” rating in a research note on Monday, August 10th. Canaccord Genuity Group lowered their price objective on Harbour Energy from GBX 450 to GBX 425 and set a “buy” rating for the company in a report on Wednesday, June 24th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 245 price objective on shares of Harbour Energy in a research note on Thursday, August 6th.

Check Out Our Latest Stock Analysis on Harbour Energy

Insiders Place Their Bets

In other Harbour Energy news, insider Blair Thomas sold 54,775,572 shares of the stock in a transaction on Friday, July 3rd. The shares were sold at an average price of GBX 205, for a total transaction of £112,289,922.60. 1.49% of the stock is currently owned by insiders.

Harbour Energy Price Performance

Shares of HBR stock opened at GBX 267.45 on Wednesday. The firm has a market cap of £4.18 billion, a P/E ratio of 16.72, a P/E/G ratio of 0.04 and a beta of -0.23. The company has a debt-to-equity ratio of 166.66, a current ratio of 0.70 and a quick ratio of 0.33. Harbour Energy has a 1-year low of GBX 182 and a 1-year high of GBX 321. The firm has a fifty day moving average of GBX 253.83 and a two-hundred day moving average of GBX 264.47.

Harbour Energy Company Profile

(Get Free Report)

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.

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Analyst Recommendations for Harbour Energy (LON:HBR)

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