Hunting (LON:HTG) Given Buy Rating at Canaccord Genuity Group

Hunting (LON:HTG)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 600 price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 26.85% from the company’s current price.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group reiterated a “hold” rating and set a GBX 400 price target on shares of Hunting in a research note on Thursday, April 16th. Berenberg Bank restated a “buy” rating and issued a GBX 580 price objective on shares of Hunting in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Hunting has a consensus rating of “Moderate Buy” and an average price target of GBX 536.

Hunting Stock Performance

LON:HTG opened at GBX 473 on Wednesday. The company has a market capitalization of £689.86 million, a P/E ratio of 19.23, a P/E/G ratio of 1.06 and a beta of 0.67. The business has a fifty day simple moving average of GBX 471.50 and a two-hundred day simple moving average of GBX 468.87. The company has a debt-to-equity ratio of 13.38, a current ratio of 2.97 and a quick ratio of 2.08. Hunting has a 1 year low of GBX 288.50 and a 1 year high of GBX 553.

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.