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Hunting ( (GB:HTG) ) has provided an update.
Hunting PLC has continued to execute its previously announced share buyback programme, repurchasing 82,871 ordinary shares on 5 January 2026 via Berenberg at a volume-weighted average price of 379.74 pence. The company intends to cancel these shares, reducing the number of ordinary shares and voting rights in issue to 157,609,764, a move that marginally enhances earnings per share and may signal management’s confidence in the group’s valuation while providing investors with an updated denominator for regulatory disclosure calculations.
The most recent analyst rating on (GB:HTG) stock is a Hold with a £394.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.
Spark’s Take on GB:HTG Stock
According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.
The score is primarily supported by strong 2024 cash flow and a low-leverage balance sheet, plus shareholder-friendly corporate actions (expanded buybacks) and positive strategic developments. Offsetting these strengths are volatile profitability (2024 loss after 2023 profit) and currently soft technical momentum (negative MACD, RSI below 50).
To see Spark’s full report on GB:HTG stock, click here.
More about Hunting
Hunting PLC is a UK-listed energy services group focused on providing precision-engineered equipment and related services to the global oil and gas and wider energy sectors. Its primary activities centre on supplying tools, components and technology used in drilling, completion and production operations across international markets.
Average Trading Volume: 458,572
Technical Sentiment Signal: Buy
Current Market Cap: £562.2M
For detailed information about HTG stock, go to TipRanks’ Stock Analysis page.