Hunting's (HTG) "Buy" Rating Reiterated at Canaccord Genuity Group

Hunting (LON:HTG - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Canaccord Genuity Group in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 600 ($8.16) price objective on the stock. Canaccord Genuity Group's price target would indicate a potential upside of 80.72% from the company's previous close.

Separately, Berenberg Bank cut their price target on shares of Hunting from GBX 490 ($6.66) to GBX 480 ($6.53) and set a "buy" rating on the stock in a report on Wednesday, April 16th.

Hunting Price Performance

Shares of LON:HTG opened at GBX 332 ($4.51) on Wednesday. The company's 50-day moving average is GBX 269.30 and its 200 day moving average is GBX 292.37. 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 company has a market capitalization of £680.76 million, a P/E ratio of 5.53, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07. Hunting has a fifty-two week low of GBX 245 ($3.33) and a fifty-two week 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.

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