Harbour Energy (LON:HBR) Insider Alexander Krane Sells 421,062 Shares of Stock

Harbour Energy plc (LON:HBR) insider Alexander Krane sold 421,062 shares of the firm’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of GBX 267, for a total value of £1,124,235.54.

Harbour Energy Price Performance

Shares of LON:HBR opened at GBX 277.22 on Friday. Harbour Energy plc has a 1-year low of GBX 146.40 and a 1-year high of GBX 321. The company has a debt-to-equity ratio of 20.81, a current ratio of 1.04 and a quick ratio of 0.33. The business has a fifty day moving average price of GBX 263.78 and a 200-day moving average price of GBX 229.15. The company has a market capitalization of £4.35 billion, a PE ratio of -17.33, a PEG ratio of 0.04 and a beta of -0.23.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HBR shares. JPMorgan Chase & Co. raised their price target on Harbour Energy from GBX 278 to GBX 318 and gave the company a “neutral” rating in a report on Wednesday. Canaccord Genuity Group raised their price target on Harbour Energy from GBX 292 to GBX 320 and gave the company a “buy” rating in a report on Thursday, December 18th. Peel Hunt restated a “buy” rating and set a GBX 270 price target on shares of Harbour Energy in a report on Monday, December 15th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 225 price target on shares of Harbour Energy in a report on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 284.60.

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.