Hurricane Energy PLC (LON:HUR)‘s stock had its “buy” rating reaffirmed by FinnCap in a note issued to investors on Sunday, May 14th, StockTargetPrices.com reports. They currently have a GBX 130 ($1.67) target price on the stock. FinnCap’s target price points to a potential upside of 178.07% from the company’s previous close.
Other equities analysts have also issued reports about the company. Canaccord Genuity assumed coverage on Hurricane Energy PLC in a research note on Thursday, February 16th. They set a “buy” rating and a GBX 100 ($1.28) price target for the company. Macquarie decreased their price target on Hurricane Energy PLC from GBX 90 ($1.16) to GBX 89 ($1.14) and set an “outperform” rating for the company in a research note on Friday, February 3rd.
Shares of Hurricane Energy PLC (HUR) traded down 4.59% on Friday, hitting GBX 46.75. The stock had a trading volume of 10,726,706 shares. The company’s market cap is GBX 561.54 million. The firm’s 50-day moving average is GBX 55.46 and its 200-day moving average is GBX 50.56. Hurricane Energy PLC has a one year low of GBX 14.80 and a one year high of GBX 67.90.
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Hurricane Energy PLC Company Profile
Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company’s acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe).
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