Harbour Energy (OTCMKTS:HBRIY) Hits New 12-Month Low on Analyst Downgrade

Shares of Harbour Energy plc (OTCMKTS:HBRIYGet Rating) reached a new 52-week low during trading on Tuesday after Barclays lowered their price target on the stock from GBX 520 to GBX 450. The stock traded as low as $3.23 and last traded at $3.44, with a volume of 940 shares trading hands. The stock had previously closed at $3.43.

Separately, Berenberg Bank decreased their price objective on Harbour Energy from GBX 480 ($5.85) to GBX 320 ($3.90) in a report on Friday, November 18th.

Harbour Energy Stock Performance

The business’s fifty day moving average price is $3.72 and its 200 day moving average price is $4.35.

About Harbour Energy

(Get Rating)

Harbour Energy Plc is an oil and gas company, which engages in the acquisition, exploration, development, and production of oil and gas reserves and related activities. It operates through North Sea and International segments. The North Sea segment includes the UK and Norwegian Continental Shelves. The International segment focuses in the s Indonesia, Vietnam and Mexico.

Recommended Stories

Receive News & Ratings for Harbour Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harbour Energy and related companies with MarketBeat.com's FREE daily email newsletter.