Hunting (LON:HTG - Get Free Report)'s stock had its "hold" rating restated by Jefferies Financial Group in a report released on Thursday, Digital Look reports. They currently have a GBX 470 target price on the stock. Jefferies Financial Group's target price suggests a potential upside of 22.24% from the stock's previous close.
Other equities analysts have also recently issued research reports about the company. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 600 price target on shares of Hunting in a research note on Wednesday. Berenberg Bank reiterated a "hold" rating and issued a GBX 470 target price on shares of Hunting in a report on Thursday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Hunting has a consensus rating of "Moderate Buy" and a consensus target price of GBX 510.
Read Our Latest Stock Analysis on HTG
Hunting Stock Performance
HTG opened at GBX 384.50 on Thursday. The business has a fifty day simple moving average of GBX 402.05 and a 200-day simple moving average of GBX 456.59. The firm has a market cap of £557.46 million, a PE ratio of 13.98, a P/E/G ratio of 1.06 and a beta of 0.69. The company has a quick ratio of 2.08, a current ratio of 3.15 and a debt-to-equity ratio of 16.50. Hunting has a fifty-two week low of GBX 336 and a fifty-two week high of GBX 553.
Insider Buying and Selling
In related news, insider Paula Harris bought 7,300 shares of the firm's stock in a transaction on Wednesday, August 26th. The stock was bought at an average price of GBX 392 per share, with a total value of £28,616. Also, insider Keith Lough acquired 3,000 shares of Hunting stock in a transaction that occurred on Friday, August 21st. The shares were purchased at an average cost of GBX 414 per share, with a total value of £12,420. 3.75% of the stock is owned by corporate insiders.
Key Stories Impacting Hunting
Here are the key news stories impacting Hunting this week:
- Positive Sentiment: Canaccord Genuity reaffirmed its buy rating and set a GBX 600 price target, implying substantial upside from recent trading levels. Canaccord Genuity analyst rating
- Positive Sentiment: Berenberg previously reaffirmed its buy rating with a GBX 550 target, indicating that the broker saw longer-term value in Hunting despite near-term uncertainty. Berenberg analyst rating
- Neutral Sentiment: Berenberg has since reaffirmed a more cautious hold rating and lowered its price target to GBX 470. The target remains above the recent share price, but the downgrade in stance and target suggests reduced confidence following the trading update. Latest Berenberg analyst rating
- Negative Sentiment: Hunting cut its annual EBITDA outlook as the Middle East conflict disrupted financial performance. The resulting earnings uncertainty is negative for near-term investor sentiment. Hunting cuts annual EBITDA outlook
- Negative Sentiment: The Q3 2026 trading update included another reduction to the annual profit outlook as geopolitical tensions deepened, reinforcing concerns about weaker near-term earnings. Hunting Q3 2026 trading update
About Hunting
(
Get Free Report)
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.
See Also
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