Harbour Energy plc (LON:HBR) Receives GBX 311 Average Target Price from Analysts

by · The Markets Daily

Harbour Energy plc (LON:HBR – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 311.

A number of analysts have commented on HBR shares. Berenberg Bank reissued a “hold” rating and set a GBX 245 price objective on shares of Harbour Energy in a report on Thursday, August 6th. JPMorgan Chase & Co. raised their target price on Harbour Energy from GBX 260 to GBX 280 and gave the company a “neutral” rating in a report on Monday, August 10th. Finally, Canaccord Genuity Group cut their target price on Harbour Energy from GBX 450 to GBX 425 and set a “buy” rating on the stock in a research report on Wednesday, June 24th.

View Our Latest Report on Harbour Energy

Insider Transactions at Harbour Energy

In other Harbour Energy news, insider Blair Thomas sold 54,775,572 shares of Harbour Energy stock in a transaction on Friday, July 3rd. The shares were sold at an average price of GBX 205, for a total transaction of £112,289,922.60. 1.49% of the stock is owned by corporate insiders.

Harbour Energy Price Performance

Shares of LON HBR opened at GBX 280.40 on Wednesday. Harbour Energy has a fifty-two week low of GBX 182 and a fifty-two week high of GBX 321. The stock has a market cap of £4.38 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 0.04 and a beta of -0.23. The company has a debt-to-equity ratio of 166.66, a quick ratio of 0.33 and a current ratio of 0.70. The firm’s 50-day simple moving average is GBX 252.10 and its 200 day simple moving average is GBX 264.47.

Harbour Energy Company Profile

(Get Free Report)

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.

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