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Hunting ( (GB:HTG) ) just unveiled an announcement.
Hunting PLC has executed a share buyback program, purchasing 53,346 of its ordinary shares at an average price of 354.19 pence per share, with plans to cancel these shares. This transaction will reduce the total number of shares in circulation to 160,703,437, impacting the voting rights and potentially affecting shareholder interests as per the FCA’s regulations.
The most recent analyst rating on (GB:HTG) stock is a Buy with a £600.00 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.
Hunting PLC’s stock score of 56 reflects strong revenue growth and a solid balance sheet, counterbalanced by profitability challenges and bearish technical trends. Positive corporate events and a reasonable dividend yield provide some optimism, yet the negative P/E ratio highlights valuation concerns.
To see Spark’s full report on GB:HTG stock, click here.
More about Hunting
Average Trading Volume: 430,572
Technical Sentiment Signal: Strong Buy
Current Market Cap: £524.7M
See more insights into HTG stock on TipRanks’ Stock Analysis page.