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

Harbour Energy plc (LON:HBR) has been assigned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation 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.

Several equities research analysts have recently issued reports on the company. Canaccord Genuity Group raised their price objective on Harbour Energy from GBX 292 to GBX 320 and gave the company a “buy” rating in a research note on Thursday, December 18th. Peel Hunt restated a “buy” rating and issued a GBX 270 price target on shares of Harbour Energy in a research report on Monday, December 15th. Finally, Jefferies Financial Group lifted their price objective on shares of Harbour Energy from GBX 240 to GBX 290 and gave the stock a “buy” rating in a research note on Monday, October 20th.

Harbour Energy Stock Up 2.7%

Shares of LON HBR opened at GBX 191 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75. Harbour Energy has a 12-month low of GBX 146.40 and a 12-month high of GBX 297.20. The firm’s 50-day moving average price is GBX 210.82 and its 200-day moving average price is GBX 211.38. The stock has a market capitalization of £2.67 billion, a price-to-earnings ratio of -6.50, a P/E/G ratio of 0.04 and a beta of -0.23.

Harbour Energy Company Profile

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.