Harbour Energy plc (LON:HBR) Stock Has Consensus Target Price of GBX 311

Harbour Energy plc (LON:HBR) has earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 311.

A number of equities research analysts have weighed in on HBR shares. Canaccord Genuity Group lowered their price objective on Harbour Energy from GBX 450 to GBX 425 and set a “buy” rating for the company in a research note on Wednesday, June 24th. JPMorgan Chase & Co. upped their target price on Harbour Energy from GBX 260 to GBX 280 and gave the company a “neutral” rating in a research report on Monday, August 10th. Finally, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 245 target price on shares of Harbour Energy in a research report on Thursday, August 6th.

Harbour Energy Trading Up 0.1%

LON:HBR opened at GBX 290.89 on Friday. The stock has a market cap of £4.36 billion, a price-to-earnings ratio of 18.18, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23. Harbour Energy has a one year low of GBX 182 and a one year high of GBX 321. The company has a debt-to-equity ratio of 166.66, a quick ratio of 0.33 and a current ratio of 0.70. The business’s 50-day simple moving average is GBX 264.16 and its 200 day simple moving average is GBX 262.77.

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.