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Hunting ( (GB:HTG) ) just unveiled an update.
Hunting PLC has announced the purchase of 71,559 of its ordinary shares as part of its share buyback programme, with the intention to cancel these shares, reducing the total number of shares in issue to 158,322,143. This move is expected to impact the company’s share structure and voting rights, which may influence shareholder notifications under the FCA’s Disclosure Guidance and Transparency Rules.
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: 464,243
Technical Sentiment Signal: Buy
Current Market Cap: £593.6M
See more data about HTG stock on TipRanks’ Stock Analysis page.