Hunting plc 15.3% potential upside indicated by Jefferies

Hunting plc with ticker (LON:HTG) now has a potential upside of 15.3% according to Jefferies.



Jefferies set a target price of 400 GBX for the company, which when compared to the Hunting plc share price of 347 GBX at opening today (19/04/2024) indicates a potential upside of 15.3%. Trading has ranged between 190 (52 week low) and 370 (52 week high) with an average of 508,071 shares exchanging hands daily. The market capitalisation at the time of writing is £585,327,195.

Hunting PLC is a United Kingdom-based company, which specializes in the global manufacture, trade and rental of equipment for the energy industry. It provides components and tools to companies that explore, develop, and produce oil and gas resources and to those primary service companies. Its segments include Hunting Titan, North America, Subsea Technologies, Europe, Middle East and Africa (EMEA), and Asia Pacific. The Hunting Titan segment manufactures and distributes a range of well completion products and accessories. The North America segment businesses supply connections, oil country tubular goods (OCTG), subsea equipment, intervention tools, electronics and complex deep hole drilling and precision machining services for the United States, Canada and overseas markets. Its products and services include Perforating and Logging Systems; Connection Technology and OCTG; Subsea Technologies; Advanced Manufacturing; Well Intervention Equipment; Well Test and Process Systems and others.