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Shares of Hunting PLC (LON:HTG - Get Rating) have been assigned an average recommendation of "Hold" from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 300.83 ($3.64).

Several research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Hunting from GBX 310 ($3.75) to GBX 270 ($3.26) and set a "neutral" rating for the company in a research report on Wednesday, July 13th. Canaccord Genuity Group cut Hunting to a "hold" rating and raised their target price for the company from GBX 200 ($2.42) to GBX 300 ($3.62) in a research report on Thursday, May 5th. Royal Bank of Canada lowered their target price on Hunting from GBX 455 ($5.50) to GBX 400 ($4.83) and set an "outperform" rating on the stock in a research report on Wednesday, July 13th. Barclays restated an "underweight" rating and set a GBX 360 ($4.35) price objective on shares of Hunting in a research note on Friday, August 26th. Finally, Berenberg Bank upgraded shares of Hunting to a "buy" rating and lifted their price objective for the company from GBX 220 ($2.66) to GBX 275 ($3.32) in a research note on Thursday, July 14th.Hunting Stock Performance

Shares of HTG opened at GBX 301 ($3.64) on Friday. Hunting has a 1 year low of GBX 142.80 ($1.73) and a 1 year high of GBX 356.50 ($4.31). The company has a market cap of £496.47 million and a price-to-earnings ratio of -6.92. The company has a debt-to-equity ratio of 3.54, a quick ratio of 2.08 and a current ratio of 4.08. The firm has a fifty day moving average of GBX 223.73 and a 200-day moving average of GBX 272.38. Hunting Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, October 6th will be issued a dividend of $0.05 per share. This is a positive change from Hunting's previous dividend of $0.04. This represents a yield of 1.69%. The ex-dividend date of this dividend is Thursday, October 6th. Hunting's payout ratio is presently -0.18%. Hunting Company Profile (Get Rating)

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and components for the upstream oil and gas industry worldwide. It offers perforating guns and hardware, energetics charges, and instrumentation products; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.Featured StoriesCould Nike Stock be Oversold, but Still Overvalued?Is Alcoa A Buy After Strong Q2 Results And More Share Buybacks?Will Royal Caribbean's Broadband Partnership Drive Revenue?Chip Gear Maker Entegris Has Potential, But Is It Buyable Now?DocuSign Has Important Issues to Address When it Reports Earnings

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