Harbour Energy plc (HBR.L) – What Are Brokerages Thinking About This Stock?

Shares of Harbour Energy plc (LON:HBR) have received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 311.

A number of equities research analysts have recently commented on the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 245 target price on shares of Harbour Energy in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price target on shares of Harbour Energy from GBX 260 to GBX 280 and gave the stock a “neutral” rating in a research report on Monday, August 10th.

Harbour Energy Trading Down 3.6%

Shares of HBR stock opened at GBX 269.83 on Thursday. Harbour Energy has a fifty-two week low of GBX 182 and a fifty-two week 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 stock’s fifty day moving average is GBX 278.91 and its two-hundred day moving average is GBX 262.49. The firm has a market capitalization of £4.04 billion, a P/E ratio of 16.86, 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.