Harbour Energy (OTCMKTS:HBRIY) Price Target Raised to GBX 250 at Berenberg Bank

Harbour Energy (OTCMKTS:HBRIY) had its target price lifted by Berenberg Bank from GBX 240 ($3.03) to GBX 250 ($3.15) in a report released on Tuesday morning, FlyOnTheWall reports.

Separately, Barclays cut their price target on Harbour Energy from GBX 450 ($5.67) to GBX 390 ($4.92) in a research note on Friday, August 25th.

Harbour Energy Stock Down 0.6 %

Shares of OTCMKTS HBRIY opened at $3.01 on Tuesday. Harbour Energy has a one year low of $2.76 and a one year high of $5.94. The business has a 50-day moving average price of $3.08 and a two-hundred day moving average price of $3.19. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.48 and a current ratio of 0.52.

Harbour Energy Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, October 30th. Investors of record on Friday, September 8th will be paid a $0.1056 dividend. The ex-dividend date of this dividend is Thursday, September 7th.

Harbour Energy Company Profile

Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. The company was incorporated in 2002 and is headquartered in London, the United Kingdom.