JPMorgan Chase & Co. Raises Hunting (OTCMKTS:HNTIF) Price Target to GBX 280

Hunting (OTCMKTS:HNTIFGet Rating) had its target price lifted by stock analysts at JPMorgan Chase & Co. from GBX 270 ($3.26) to GBX 280 ($3.38) in a note issued to investors on Tuesday, The Fly reports.

A number of other research firms have also weighed in on HNTIF. Royal Bank of Canada reduced their target price on Hunting from GBX 455 ($5.50) to GBX 400 ($4.83) in a report on Wednesday, July 13th. Berenberg Bank raised Hunting from a “hold” rating to a “buy” rating in a report on Thursday, July 14th. Barclays lowered Hunting from an “overweight” rating to an “underweight” rating in a report on Monday, June 6th. Finally, Canaccord Genuity Group lowered Hunting from a “buy” rating to a “hold” rating in a report on Thursday, May 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $340.00.

Hunting Price Performance

HNTIF stock opened at $3.25 on Tuesday. Hunting has a twelve month low of $2.00 and a twelve month high of $4.26. The stock has a 50-day simple moving average of $2.54 and a two-hundred day simple moving average of $3.37.

About Hunting

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Hunting PLC, together with its subsidiaries, manufactures and distributes tools and components for the upstream oil and gas industry worldwide. It offers perforating guns and hardware, energetics charges, and instrumentation products; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.

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