Harbour Energy (OTCMKTS:HBRIY) Rating Increased to Hold at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Harbour Energy (OTCMKTS:HBRIY) from a strong sell rating to a hold rating in a research report released on Thursday,Zacks.com reports.

Separately, Jefferies Financial Group lowered shares of Harbour Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 5th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Harbour Energy Price Performance

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

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.