Hunting plc 52.5% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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Hunting plc with EPIC/TICKER (LON:HTG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. Hunting plc are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set their target price at 800 GBX on its stock. This would imply the analyst believes there is now a potential upside of 52.5% from today’s opening price of 524.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 33.5 points and decreased 85 points respectively. The 52 week high for the share price is currently at 883.5 GBX while the 52 week low for the stock is 448 GBX.

Hunting plc has a 50 day moving average of 570.67 GBX and a 200 Day Moving Average share price is recorded at 608.30. There are currently 166,940,082 shares in issue with the average daily volume traded being 546,572. Market capitalisation for LON:HTG is £861,410,823 GBP.

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