Hunting (OTCMKTS:HNTIF – Get Rating) was downgraded by Barclays research analysts from an “overweight” rating to an “underweight” rating in a report on Monday, reports The Fly.
Several other stock analysts also weighed in on the company. Royal Bank of Canada upgraded Hunting from an “sector performance” rating to an “outperform” rating in a Thursday, March 10 report. Canaccord Genuity Group downgraded Hunting from a “buy” rating to a “hold” rating in a Thursday, May 5, report. Finally, JPMorgan Chase & Co. downgraded Hunting from an “overweight” rating to a “neutral” rating in a Monday, May 23 report. One financial analyst has assigned the stock a sell rating, three have issued a hold rating and one has assigned the stock a buy rating. According to MarketBeat.com, Hunting currently has a consensus rating of “Hold”.
HNTIF stock opened at $4.18 on Monday. The company has a 50-day moving average of $3.93 and a 200-day moving average of $3.19. Hunting has a 12 month minimum of $2.00 and a 12 month maximum of $4.25.
Hunting Company Profile (Get an evaluation)
Hunting PLC, together with its subsidiaries, manufactures and distributes tools and components for the upstream oil and gas industry worldwide. It offers perforators and equipment, energy charges and instrumentation products; and connections, oil country tubular products, drilling tools, subsea equipment, intervention tools and electronics.
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