Harbour Energy plc (LON:HBR) Receives GBX 299.83 Consensus Target Price from Analysts

Shares of Harbour Energy plc (LON:HBRGet Free Report) have earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 299.83.

Several research analysts recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Harbour Energy from GBX 278 to GBX 318 and gave the stock a “neutral” rating in a report on Wednesday, April 8th. Stifel Nicolaus reissued a “buy” rating and set a GBX 351 price target on shares of Harbour Energy in a research report on Thursday, May 7th. Jefferies Financial Group restated a “buy” rating and set a GBX 295 price objective on shares of Harbour Energy in a research note on Friday, May 8th. Finally, Berenberg Bank decreased their price objective on Harbour Energy from GBX 255 to GBX 245 and set a “hold” rating for the company in a report on Friday, May 8th.

Read Our Latest Report on Harbour Energy

Insider Activity at Harbour Energy

In other Harbour Energy news, insider Alexander Krane sold 421,062 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of GBX 267, for a total transaction of £1,124,235.54. Also, insider Blair Thomas sold 60,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of GBX 255, for a total value of £153,000,000. Corporate insiders own 1.96% of the company’s stock.

Harbour Energy Price Performance

Shares of HBR opened at GBX 304.79 on Thursday. The company has a quick ratio of 0.33, a current ratio of 1.04 and a debt-to-equity ratio of 20.81. Harbour Energy has a twelve month low of GBX 167.20 and a twelve month high of GBX 321. The stock has a market capitalization of £4.78 billion, a P/E ratio of -19.05, a P/E/G ratio of 0.04 and a beta of -0.23. The company has a 50 day moving average of GBX 287.23 and a 200-day moving average of GBX 242.62.

About Harbour Energy

(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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Analyst Recommendations for Harbour Energy (LON:HBR)

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