Trade Report: Today, Hunting plc (HTG) Rating Increased to Outperform at Credit Suisse Group AG

Today, Hunting plc (HTG) Rating Increased to Outperform at Credit Suisse Group AG

Hunting plc (LON:HTG) was upgraded by equities researchers at Credit Suisse Group AG to an “outperform” rating in a research note issued to investors on Wednesday. The brokerage currently has a GBX 575 ($7.18) price target on the stock, up from their prior price target of GBX 500 ($6.25). Credit Suisse Group AG’s price objective indicates a potential upside of 7.68% from the stock’s previous close.

Several other research analysts also recently issued reports on the stock. Numis Securities Ltd raised shares of Hunting plc to an “add” rating and set a GBX 320 ($4.00) price objective on the stock in a research report on Thursday, November 3rd. Canaccord Genuity raised their price objective on shares of Hunting plc from GBX 114 ($1.42) to GBX 350 ($4.37) and gave the stock a ” sell” rating in a research report on Friday, October 28th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 580 ($7.25) price objective on shares of Hunting plc in a research report on Tuesday, October 11th. Morgan Stanley began coverage on shares of Hunting plc in a research note on Tuesday, October 4th. They issued an “underweight” rating and a GBX 400 ($5.00) target price for the company. Finally, Deutsche Bank AG restated a “buy” rating and issued a GBX 560 ($7.00) target price on shares of Hunting plc in a research note on Thursday, September 29th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. Hunting plc currently has a consensus rating of “Hold” and a consensus target price of GBX 404.35 ($5.05).

Shares of Hunting plc (LON:HTG) opened at 527.00 on Wednesday. The company’s 50-day moving average is GBX 509.23 and its 200 day moving average is GBX 436.43. The stock’s market cap is GBX 780.49 million. Hunting plc has a 52 week low of GBX 232.00 and a 52 week high of GBX 572.00.

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