Harbour Energy plc (LON:HBR) Receives GBX 280.60 Consensus Price Target from Brokerages

Shares of Harbour Energy plc (LON:HBR) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 280.60.

HBR has been the subject of several research reports. Canaccord Genuity Group increased their target price on Harbour Energy from GBX 292 to GBX 320 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 270 price target on shares of Harbour Energy in a research note on Monday, December 15th. Jefferies Financial Group raised their price objective on Harbour Energy from GBX 240 to GBX 290 and gave the company a “buy” rating in a research report on Monday, October 20th. Finally, Berenberg Bank boosted their target price on shares of Harbour Energy from GBX 195 to GBX 225 and gave the company a “hold” rating in a report on Tuesday, January 27th.

Harbour Energy Price Performance

HBR stock opened at GBX 226.40 on Tuesday. The company has a debt-to-equity ratio of 76.75, a current ratio of 0.82 and a quick ratio of 0.33. Harbour Energy has a 1 year low of GBX 146.40 and a 1 year high of GBX 246.25. The firm has a 50-day moving average of GBX 207 and a 200 day moving average of GBX 213.42. The company has a market cap of £3.16 billion, a P/E ratio of -7.70, a PEG 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.