Hunting (LON:HTG) Given "Buy" Rating at Collins Stewart

Key Points

• Collins Stewart has reiterated a "buy" rating on Hunting (LON:HTG), with a price target of GBX 600, indicating a potential upside of 83.49% from its last close.
• Hunting currently has a consensus rating of "Buy" from multiple analysts, with an average price target of GBX 566.25.
• The company operates in various sectors, including energy and aviation, and is focused on delivering quality-assured products while maintaining a leading technology edge.

Hunting (LON:HTG - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Collins Stewart in a research report issued on Thursday,London Stock Exchange reports. They currently have a GBX 600 price objective on the stock. Collins Stewart's target price would indicate a potential upside of 83.49% from the company's previous close.

Several other research analysts have also recently commented on the company. Berenberg Bank reissued a "buy" rating and set a GBX 465 price target on shares of Hunting in a research report on Monday, July 21st. Canaccord Genuity Group reissued a "buy" rating and set a GBX 600 price target on shares of Hunting in a research report on Wednesday, July 9th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Hunting currently has a consensus rating of "Buy" and a consensus target price of GBX 566.25.

Hunting Stock Performance

Shares of LON HTG opened at GBX 327 on Thursday. The stock has a 50 day moving average price of GBX 306.62 and a 200 day moving average price of GBX 288.97. Hunting has a 52 week low of GBX 245 and a 52 week high of GBX 455. The company has a debt-to-equity ratio of 11.64, a quick ratio of 2.08 and a current ratio of 2.69. The stock has a market capitalization of £670.51 million, a PE ratio of 5.45, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07.

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.

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