Harbour Energy (LON:HBR) Given New GBX 278 Price Target at JPMorgan Chase & Co.

Harbour Energy (LON:HBR) had its target price upped by JPMorgan Chase & Co. from GBX 270 to GBX 278 in a report released on Wednesday morning, Marketbeat reports. The firm currently has a neutral rating on the stock.

A number of other research analysts have also weighed in on the company. Canaccord Genuity Group boosted 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. Peel Hunt reaffirmed a “buy” rating and issued a GBX 270 target price on shares of Harbour Energy in a research report on Monday, December 15th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 225 price target on shares of Harbour Energy in a research note on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 276.60.

Harbour Energy Stock Performance

Shares of HBR stock opened at GBX 270.20 on Wednesday. The company has a quick ratio of 0.33, a current ratio of 1.04 and a debt-to-equity ratio of 20.81. The firm has a 50-day moving average price of GBX 227.37 and a 200 day moving average price of GBX 218.80. Harbour Energy has a 12-month low of GBX 146.40 and a 12-month high of GBX 300.60. The company has a market capitalization of £4.24 billion, a P/E ratio of -9.19, a P/E/G ratio of 0.04 and a beta of -0.23.

Harbour Energy Company Profile

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.