Harbour Energy plc (LON:HBR) Given Average Rating of “Moderate Buy” by Brokerages

Harbour Energy plc (LON:HBR) has been given a consensus rating of “Moderate Buy” by the five analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 280.60.

HBR has been the topic of a number of research reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 270 target price on shares of Harbour Energy in a research note on Monday, December 15th. Canaccord Genuity Group upped their target price on Harbour Energy from GBX 292 to GBX 320 and gave the stock a “buy” rating in a report on Thursday, December 18th. Finally, Berenberg Bank lifted their price target on Harbour Energy from GBX 195 to GBX 225 and gave the company a “hold” rating in a research note on Tuesday, January 27th.

Harbour Energy Trading Up 3.9%

Shares of Harbour Energy stock opened at GBX 253.40 on Friday. The firm’s 50 day moving average is GBX 214.36 and its 200 day moving average is GBX 216.13. The firm has a market capitalization of £3.54 billion, a PE ratio of -8.62, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23. Harbour Energy has a 1 year low of GBX 146.40 and a 1 year high of GBX 253.40. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75.

About Harbour Energy

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.