Harbour Energy (LON:HBR) Stock Rating Reaffirmed by Jefferies Financial Group

Harbour Energy (LON:HBR)‘s stock had its “buy” rating restated by Jefferies Financial Group in a research report issued to clients and investors on Thursday, MarketBeat reports. They presently have a GBX 350 ($4.36) price objective on the stock. Jefferies Financial Group’s price target suggests a potential upside of 24.82% from the stock’s previous close.

Separately, Berenberg Bank upped their price objective on Harbour Energy from GBX 250 ($3.11) to GBX 280 ($3.49) and gave the stock a “hold” rating in a research note on Monday, February 19th.

Harbour Energy Stock Down 1.0 %

LON:HBR opened at GBX 280.40 ($3.49) on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75. The stock has a 50 day moving average of GBX 271.56 and a 200-day moving average of GBX 264.54. The firm has a market capitalization of £2.16 billion, a PE ratio of -333.81, a price-to-earnings-growth ratio of 0.04 and a beta of -0.30. Harbour Energy has a 52 week low of GBX 210.50 ($2.62) and a 52 week high of GBX 328.90 ($4.09).

Insider Buying and Selling at Harbour Energy

In other Harbour Energy news, insider Alan M. Ferguson acquired 10,000 shares of Harbour Energy stock in a transaction dated Thursday, April 4th. The stock was acquired at an average cost of GBX 283 ($3.52) per share, for a total transaction of £28,300 ($35,229.68). In related news, insider Alexander Krane sold 153,179 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of GBX 276 ($3.44), for a total value of £422,774.04 ($526,296.58). Also, insider Alan M. Ferguson bought 10,000 shares of the stock in a transaction on Thursday, April 4th. The shares were bought at an average cost of GBX 283 ($3.52) per share, for a total transaction of £28,300 ($35,229.68). 33.70% of the stock is owned by company insiders.

Harbour Energy Company Profile

Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. The company was incorporated in 2002 and is headquartered in London, the United Kingdom.