Analyst Activity – Canaccord Genuity Initiates Coverage On Hurricane Energy PLC (LON:HUR) With a Buy

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Analyst Ratings For Hurricane Energy PLC (LON:HUR)

Today, Canaccord Genuity initiated coverage on Hurricane Energy PLC (LON:HUR) with a Buy with a price target of GBX 100.

There are 3 buy ratings on the stock.

The current consensus rating on Hurricane Energy PLC (LON:HUR) is Buy (Score: 3.00) with a consensus target price of GBX 93.33 per share, a potential .

Some recent analyst ratings include

  • 2/16/2017-Canaccord Genuity initiated coverage with a Buy rating.
  • 2/7/2017-FinnCap Reiterated Rating of Buy.


    About Hurricane Energy PLC (LON:HUR)
    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). Its licenses include P1368, P1485, P1835 and P2294. The Company has approximately 450 million barrels of 2C Contingent Resources on acreage. Its Lancaster discovery is located in blocks, including 205/21a, 205/22a and 205/26b. The Whirlwind discovery is located across blocks, including 205/21a and 205/22a in the West of Shetland. The Lincoln Basement prospect is located in 205/26b block. The Typhoon prospect is located in blocks, including 204/22a, 204/23c, 204/27a and 204/28a. The Strathmore Prospect is located in the 204/30a block, and contains oil in Triassic-aged sandstones.

    Recent Trading Activity for Hurricane Energy PLC (LON:HUR)
    Shares of Hurricane Energy PLC closed the previous trading session at 53.00 0.00 0.00% with 1,974,614 shares trading hands.