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Hunting ( (GB:HTG) ) just unveiled an announcement.
Hunting PLC has continued to execute its previously announced share buyback programme, repurchasing 129,530 ordinary shares on 13 January 2026 at a volume-weighted average price of 396.01 pence through Berenberg on the London Stock Exchange. The company plans to cancel these shares, reducing its share capital to 157,042,133 ordinary shares in issue and voting rights outstanding, a move that marginally increases existing shareholders’ proportional ownership and may be viewed as a sign of management’s confidence in the company’s valuation and capital position.
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 best known for manufacturing and supplying precision-engineered equipment and components to the global oil and gas and wider energy industry, with its shares traded on the London Stock Exchange.
Average Trading Volume: 481,706
Technical Sentiment Signal: Buy
Current Market Cap: £588.8M
For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.