Harbour Energy (OTCMKTS:HBRIY) Upgraded by The Goldman Sachs Group to Hold Rating

Harbour Energy (OTCMKTS:HBRIY) was upgraded by equities research analysts at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Jefferies Financial Group cut shares of Harbour Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 5th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Harbour Energy Price Performance

HBRIY opened at $3.79 on Thursday. Harbour Energy has a 1-year low of $2.51 and a 1-year high of $4.48. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.04 and a quick ratio of 0.94. The business has a 50 day moving average of $3.29 and a 200-day moving average of $3.58.

Harbour Energy Company Profile

Harbour Energy PLC (OTCMKTS: HBRIY) is a London-based independent oil and gas exploration and production company formed in July 2021 through the merger of Premier Oil and Chrysaor. As the largest UK-listed E&P group by production, the company focuses on developing and operating a diversified portfolio of upstream assets to deliver long-term value through stable cash flow and disciplined capital allocation.

The company’s core business activities encompass the exploration, development and production of crude oil and natural gas.