Harbour Energy plc (LON:HBR) Receives GBX 279.60 Average Price Target from Brokerages

Harbour Energy plc (LON:HBR) has received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 279.60.

A number of brokerages recently issued reports on HBR. Peel Hunt reiterated a “buy” rating and set a GBX 270 target price on shares of Harbour Energy in a research report on Monday, December 15th. Jefferies Financial Group boosted their target price on Harbour Energy from GBX 240 to GBX 290 and gave the stock a “buy” rating in a report on Monday, October 20th. Finally, Canaccord Genuity Group increased their price target on Harbour Energy from GBX 292 to GBX 320 and gave the stock a “buy” rating in a research report on Thursday, December 18th.

Harbour Energy Stock Performance

LON HBR opened at GBX 204.80 on Friday. Harbour Energy has a twelve month low of GBX 146.40 and a twelve month high of GBX 297.20. The company has a quick ratio of 0.33, a current ratio of 0.82 and a debt-to-equity ratio of 76.75. The company’s 50-day simple moving average is GBX 209.60 and its 200 day simple moving average is GBX 211.35. The stock has a market cap of £2.87 billion, a P/E ratio of -6.97, a PEG ratio of 0.04 and a beta of -0.23.

About Harbour Energy

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.