Harbour Energy plc (LON:HBR) Receives GBX 21 Average PT from Analysts

Harbour Energy plc (LON:HBRGet Rating) has received a consensus rating of “Buy” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 21 ($0.27).

A number of research analysts have issued reports on HBR shares. Berenberg Bank reissued a “hold” rating on shares of Harbour Energy in a research note on Friday, January 14th. Canaccord Genuity Group raised Harbour Energy to a “buy” rating in a research note on Tuesday, January 11th. Morgan Stanley restated an “outperform” rating on shares of Harbour Energy in a report on Monday, April 11th. Finally, Barclays restated an “overweight” rating on shares of Harbour Energy in a report on Tuesday, March 29th.

LON:HBR traded up GBX 4.80 ($0.06) on Monday, reaching GBX 519.40 ($6.77). The company’s stock had a trading volume of 11,272,462 shares, compared to its average volume of 2,995,286. Harbour Energy has a 1-year low of GBX 284 ($3.70) and a 1-year high of GBX 526.60 ($6.86). The company has a debt-to-equity ratio of 747.69, a quick ratio of 0.30 and a current ratio of 0.56. The firm has a market cap of £4.81 billion and a PE ratio of 58.36. The business’s 50-day moving average price is GBX 423.81 and its two-hundred day moving average price is GBX 389.10.

The company also recently declared a dividend, which will be paid on Wednesday, May 18th. Stockholders of record on Thursday, April 7th will be issued a $0.11 dividend. The ex-dividend date is Thursday, April 7th. This represents a dividend yield of 2.11%. Harbour Energy’s dividend payout ratio (DPR) is 89.89%.

About Harbour Energy (Get Rating)

Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds 124 license interests and 48 producing fields in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico.

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Analyst Recommendations for Harbour Energy (LON:HBR)

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