FY2022 Earnings Estimate for Harbour Energy plc Issued By Jefferies Financial Group (OTCMKTS:HBRIY)

Harbour Energy plc (OTCMKTS:HBRIYGet Rating) – Research analysts at Jefferies Financial Group raised their FY2022 earnings per share (EPS) estimates for shares of Harbour Energy in a research report issued on Wednesday, June 1st. Jefferies Financial Group analyst M. Wilson now forecasts that the company will post earnings of $1.44 per share for the year, up from their previous forecast of $0.82. Jefferies Financial Group also issued estimates for Harbour Energy’s FY2023 earnings at $1.00 EPS, FY2024 earnings at $0.71 EPS and FY2025 earnings at $0.48 EPS.

HBRIY has been the subject of several other reports. Zacks Investment Research downgraded Harbour Energy from a “buy” rating to a “hold” rating in a research report on Thursday. Morgan Stanley cut their price objective on Harbour Energy from GBX 590 ($7.46) to GBX 525 ($6.64) in a research report on Wednesday. Peel Hunt downgraded Harbour Energy to a “buy” rating in a research report on Wednesday, April 20th. Finally, Barclays lifted their price objective on Harbour Energy from GBX 570 ($7.21) to GBX 670 ($8.48) in a research report on Wednesday, April 6th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Harbour Energy currently has a consensus rating of “Buy” and an average target price of $400.83.

Shares of OTCMKTS:HBRIY opened at $5.15 on Friday. Harbour Energy has a 12 month low of $4.19 and a 12 month high of $7.04. The business’s 50 day simple moving average is $6.12 and its 200-day simple moving average is $5.43.

The company also recently disclosed a dividend, which was paid on Tuesday, May 31st. Stockholders of record on Friday, April 8th were issued a dividend of $0.0968 per share. The ex-dividend date was Thursday, April 7th. This represents a dividend yield of 1.6%.

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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Earnings History and Estimates for Harbour Energy (OTCMKTS:HBRIY)

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