Hurricane Energy PLC (HUR) Earns Buy Rating from FinnCap

FinnCap reiterated their buy rating on shares of Hurricane Energy PLC (LON:HUR) in a research note published on Thursday morning. The firm currently has a GBX 80 ($1.03) target price on the stock.

HUR has been the topic of a number of other research reports. Canaccord Genuity cut their target price on Hurricane Energy PLC from GBX 100 ($1.29) to GBX 85 ($1.10) and set a buy rating on the stock in a research note on Wednesday, May 24th. Macquarie cut their target price on Hurricane Energy PLC from GBX 89 ($1.15) to GBX 87 ($1.12) and set an outperform rating on the stock in a research note on Wednesday, June 21st.

Shares of Hurricane Energy PLC (LON HUR) opened at 28.25 on Thursday. The firm has a 50-day moving average price of GBX 28.82 and a 200 day moving average price of GBX 42.62. Hurricane Energy PLC has a 1-year low of GBX 26.25 and a 1-year high of GBX 67.90. The company’s market cap is GBX 339.33 million.

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About Hurricane Energy PLC

Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company’s acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe).

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