Hunting (LON:HTG) Stock Rating Reaffirmed by Royal Bank of Canada

Royal Bank of Canada restated their outperform rating on shares of Hunting (LON:HTG) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also weighed in on the stock. Berenberg Bank reiterated a hold rating and set a GBX 630 ($8.23) target price on shares of Hunting in a report on Thursday, August 29th. JPMorgan Chase & Co. lowered shares of Hunting to a neutral rating and dropped their target price for the stock from GBX 728 ($9.51) to GBX 642 ($8.39) in a report on Thursday, August 15th. UBS Group reiterated a buy rating on shares of Hunting in a report on Monday, September 2nd. Credit Suisse Group reiterated an outperform rating on shares of Hunting in a report on Friday, May 31st. Finally, Barclays reiterated an equal weight rating and set a GBX 600 ($7.84) target price on shares of Hunting in a report on Wednesday, September 11th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Hunting currently has a consensus rating of Buy and a consensus price target of GBX 707.45 ($9.24).

Hunting stock opened at GBX 491 ($6.42) on Thursday. The company has a current ratio of 4.12, a quick ratio of 1.93 and a debt-to-equity ratio of 4.45. The firm has a 50-day moving average of GBX 468.09 and a 200-day moving average of GBX 536.42. The firm has a market cap of $819.68 million and a P/E ratio of 9.72. Hunting has a 1-year low of GBX 402.20 ($5.26) and a 1-year high of GBX 844.50 ($11.03).



The business also recently disclosed a dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Thursday, October 3rd will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 0.91%. Hunting’s dividend payout ratio (DPR) is presently 0.16%.

Hunting Company Profile

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.

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Analyst Recommendations for Hunting (LON:HTG)

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