Peel Hunt Reaffirms "Buy" Rating for Harbour Energy (LON:HBR)

Harbour Energy (LON:HBR - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Peel Hunt in a report released on Monday,Digital Look reports. They presently have a GBX 270 price objective on the stock. Peel Hunt's target price points to a potential upside of 29.93% from the stock's current price.HBR has been the topic of a number of other research reports. Jefferies Financial Group boosted their price target on Harbour Energy from GBX 240 to GBX 290 and gave the stock a "buy" rating in a research note on Monday, October 20th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 282 price objective on shares of Harbour Energy in a research note on Monday, November 10th. Finally, JPMorgan Chase & Co. began coverage on Harbour Energy in a research report on Tuesday, September 2nd. They issued an "overweight" rating and a GBX 298 target price on the stock. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Harbour Energy presently has an average rating of "Moderate Buy" and a consensus price target of GBX 272.Get Harbour Energy alerts:Read Our Latest Stock Analysis on HBRHarbour Energy Stock Down 0.4%Shares of LON:HBR traded down GBX 0.80 during trading on Monday, reaching GBX 207.80. The stock had a trading volume of 21,989,457 shares, compared to its average volume of 7,783,356. The firm's 50-day simple moving average is GBX 214.88 and its 200 day simple moving average is GBX 211.22. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75. Harbour Energy has a one year low of GBX 146.40 and a one year high of GBX 297.20. The company has a market capitalization of £2.92 billion, a P/E ratio of -7.07, a PEG ratio of 0.04 and a beta of -0.23. About Harbour Energy (Get Free Report)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. Featured ArticlesFive stocks we like better than Harbour EnergyInvesting In Automotive StocksSuper Micro's Sell-Off Is a Mirage—Here’s Why the Rally May Come Back FastWhat is a Microcap Stock? Everything You Need to Know 3 Companies Turning Big Cash Flow Into Bigger Shareholder GainsBreakout Stocks: What They Are and How to Identify ThemGOOGL's Unstoppable Momentum Drives Price Targets to Record HighsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Harbour Energy Right Now?Before you consider Harbour Energy, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Harbour Energy wasn't on the list.While Harbour Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here