Harbour Energy plc (OTCMKTS:HBRIY) Receives Average Recommendation of “Buy” from Analysts

Shares of Harbour Energy plc (OTCMKTS:HBRIYGet Rating) have been given a consensus rating of “Buy” by the seven analysts that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $670.00.

A number of research analysts recently issued reports on HBRIY shares. Barclays boosted their target price on shares of Harbour Energy from GBX 570 ($7.43) to GBX 670 ($8.73) in a research report on Wednesday, April 6th. Zacks Investment Research downgraded shares of Harbour Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, February 8th.

OTCMKTS HBRIY opened at $6.57 on Monday. The company has a fifty day moving average of $5.59 and a 200 day moving average of $5.17. Harbour Energy has a 1 year low of $4.19 and a 1 year high of $7.04.

The business also recently declared a dividend, which will be paid on Tuesday, May 31st. Investors of record on Friday, April 8th will be given a dividend of $0.0968 per share. The ex-dividend date of this dividend is Thursday, April 7th. This represents a dividend yield of 1.6%.

Harbour Energy Company Profile (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 (OTCMKTS:HBRIY)

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