Hunting (LON:HTG) Given Buy Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Hunting (LON:HTG) in a research report sent to investors on Monday morning, Marketbeat.com reports. They currently have a GBX 465 ($6.27) price objective on the stock.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 600 ($8.09) target price on shares of Hunting in a research note on Wednesday, July 9th.

Hunting Stock Up 1.6%

Shares of LON:HTG opened at GBX 317.50 ($4.28) on Monday. The company has a current ratio of 2.69, a quick ratio of 2.08 and a debt-to-equity ratio of 11.64. The company has a fifty day simple moving average of GBX 279.15 and a 200 day simple moving average of GBX 293.85. The firm has a market cap of £651.03 million, a PE ratio of 5.29, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07. Hunting has a 12-month low of GBX 245 ($3.30) and a 12-month high of GBX 464 ($6.26).

Hunting Company Profile

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.