Harbour Energy plc (LON:HBR) Given Consensus Rating of “Moderate Buy” by Brokerages

Harbour Energy plc (LON:HBRGet Free Report) has received a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 295.17.

HBR has been the topic of several recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 295 price target on shares of Harbour Energy in a research note on Friday, May 8th. Stifel Nicolaus reiterated a “buy” rating and set a GBX 351 target price on shares of Harbour Energy in a report on Thursday, May 7th. Berenberg Bank dropped their target price on shares of Harbour Energy from GBX 255 to GBX 245 and set a “hold” rating on the stock in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Harbour Energy from GBX 318 to GBX 290 and set a “neutral” rating on the stock in a report on Thursday, June 4th.

Get Our Latest Research Report on Harbour Energy

Insider Transactions at Harbour Energy

In other Harbour Energy news, insider Alexander Krane sold 421,062 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of GBX 267, for a total transaction of £1,124,235.54. 1.78% of the stock is currently owned by insiders.

Harbour Energy Trading Down 3.3%

HBR stock opened at GBX 258.20 on Monday. The company has a market capitalization of £4.05 billion, a PE ratio of -16.14, a P/E/G ratio of 0.04 and a beta of -0.23. Harbour Energy has a 12 month low of GBX 180 and a 12 month high of GBX 321. The firm’s 50-day moving average is GBX 281.06 and its 200 day moving average is GBX 248.57. The company has a debt-to-equity ratio of 20.81, a current ratio of 1.04 and a quick ratio of 0.33.

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.

Read More

Analyst Recommendations for Harbour Energy (LON:HBR)

Receive News & Ratings for Harbour Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harbour Energy and related companies with MarketBeat.com's FREE daily email newsletter.