Hunting (LON:HTG – Free Report) had its price target increased by Berenberg Bank from GBX 450 to GBX 580 in a research report report published on Thursday, MarketBeat reports. Berenberg Bank currently has a buy rating on the stock.
A number of other equities research analysts have also recently issued reports on HTG. Royal Bank Of Canada boosted their target price on shares of Hunting from GBX 440 to GBX 500 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Canaccord Genuity Group cut their price objective on shares of Hunting to GBX 600 and set a “buy” rating for the company in a report on Thursday, January 29th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 536.
Read Our Latest Analysis on HTG
Hunting Stock Performance
Hunting declared that its Board of Directors has approved a share buyback program on Thursday, March 5th that authorizes the company to repurchase $40.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 5.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.
Insider Activity
In other news, insider Stuart Brightman acquired 20,000 shares of Hunting stock in a transaction on Friday, December 12th. The shares were purchased at an average cost of GBX 388 per share, for a total transaction of £77,600. Also, insider Margaret Amos bought 5,136 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was purchased at an average cost of GBX 387 per share, for a total transaction of £19,876.32. Corporate insiders own 3.36% of the company’s stock.
Trending Headlines about Hunting
Here are the key news stories impacting Hunting this week:
- Positive Sentiment: FY2025 results showed underlying improvement: EBITDA rose ~7% to $135.7m and EBITDA margin widened ~1ppt; management also reiterated a focus on shareholder returns and accelerating the Hunting 2030 strategy. Results for the Year Ended 31 December 2025
- Positive Sentiment: Company announced a targeted cost‑reduction plan and updated capital allocation that includes a $40m share-buyback to 2028 — a clear signal of prioritising returns and EPS support. Targets Further Cost Cuts and $40m Share Buyback to 2028
- Positive Sentiment: Management cancelled recently repurchased shares (reducing share count) and updated voting rights — a buyback/cancellation that should be accretive to remaining shareholders. Cancels Newly Repurchased Shares
- Positive Sentiment: Broker support increased — Berenberg raised its price target from GBX 450 to GBX 580 and Canaccord reiterated a Buy with a GBX 600 target, which can underpin sentiment and liquidity. Broker Ratings
- Neutral Sentiment: Management maintained 2026 guidance despite a decline in the order book — guidance support is constructive, but the weaker backlog raises execution risk for near‑term revenue. Maintains 2026 Guidance Despite Order Book Decline
- Neutral Sentiment: Market previews and analyst commentary are focused on Q4 results and order trends — investors should watch Q4/2026 guidance details and order intake updates for direction. Q4 2025 Earnings Report Preview
- Negative Sentiment: Order book decline is a direct negative data point that could pressure near‑term revenue visibility and investor confidence if the slowdown persists. Order Book Decline Coverage
- Negative Sentiment: Technical commentary flagged a move above the 200‑day moving average (some outlets framed that as a potential “time to sell” signal), which can trigger profit‑taking and short‑term volatility. Technical: Above 200‑Day MA
Hunting Company Profile
Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.
Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.
Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.
Our people are our most important asset.
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