Hunting plc with ticker (LON:HTG) now has a potential upside of 28.6% according to JP Morgan Cazenove.
JP Morgan Cazenove set a target price of 270 GBX for the company, which when compared to the Hunting plc share price of 193 GBX at opening today (21/10/2021) indicates a potential upside of 28.6%. Trading has ranged between 128 (52 week low) and 297 (52 week high) with an average of 305,749 shares exchanging hands daily. The market capitalisation at the time of writing is £322,953,528.
Hunting PLC is A United Kingdom-based company, which provides energy services to the upstream oil and gas companies. The Company operates through five operating segments: Hunting Titan; US; Canada; Europe, Middle East and Africa (EMEA) and Asia Pacific. The Company manufactures downhole metal tools and components required to extract hydrocarbons across the well construction, completion and intervention stages of the well’s lifecycle. It manufactures, trades and rents upstream equipment for the wellbore.
Hunting plc 28.6% potential upside indicated by JP Morgan Cazenove
- Written by: Anthony Fox
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Hunting PLC (LON:HTG) showcases resilience in 2024, with strong growth driven by OCTG and Subsea sectors, aiming for EBITDA guidance of $123-$126 million.
