Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Hunting ( (GB:HTG) ) is now available.
Hunting PLC has announced the purchase of 74,879 of its ordinary shares as part of its share buyback program, with the intention to cancel these shares. This transaction reduces the number of shares in circulation to 164,705,637, which may impact shareholder voting rights and interest notifications under regulatory guidelines.
The most recent analyst rating on (GB:HTG) stock is a Buy with a £440.00 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: 427,832
Technical Sentiment Signal: Buy
Current Market Cap: £518M
For an in-depth examination of HTG stock, go to TipRanks’ Overview page.