Hunting (LON:HTG) Receives Buy Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Hunting (LON:HTG - Free Report) in a research note published on Wednesday, MarketBeat Ratings reports. They currently have a GBX 465 ($6.32) price target on the stock.

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 600 ($8.15) target price on shares of Hunting in a report on Wednesday.

Hunting Price Performance

Shares of LON:HTG traded up GBX 12.50 ($0.17) during trading on Wednesday, hitting GBX 313 ($4.25). 977,502 shares of the stock were exchanged, compared to its average volume of 637,398. The company has a market cap of £641.80 million, a PE ratio of 5.22, a P/E/G 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. The company has a fifty day moving average price of GBX 269.30 and a two-hundred day moving average price of GBX 292.37. Hunting has a 12-month low of GBX 245 ($3.33) and a 12-month high of GBX 464 ($6.31).

About Hunting

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.