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finnCap disclosed Hurricane Energy Plc (LON:HUR), retaining its price target at 80.00GBX today

In a report released on 9/14/2017 finnCap hold steady the stock price target of Hurricane Energy Plc (LON:HUR) from 80.00GBX to 80.00GBX reporting a possible upside of 1.94%.

Previously on Thursday July 06, 2017, Macquarie released a statement about Hurricane Energy Plc (LON:HUR) reduced the target price from 87.00GBX to 73.00GBX. At the time, this indicated a possible upside of 1.16%.

Just yesterday Hurricane Energy Plc (LON:HUR) traded 0.93% higher at 27.25GBX. Hurricane Energy Plc’s 50-day moving average is 28.92GBX and its 200-day moving average is 42.83GBX. The last stock price is down -36.38% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 299,190 shares of Hurricane Energy Plc exchanged hands, down from an average trading volume of 9,165,070

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Hurricane Energy Plc (LON:HUR)

Hurricane Energy Plc has a 52 week low of 26.25GBX and a 52 week high of 67.90GBX with a P/E ratio of 272.50 The company’s market cap is currently 0 GBX.

In addition to finnCap reporting its target price, a total of 2 firms have reported on the stock. The consensus target price is 34.50GBX with 0 firms rating the stock a strong buy, 2 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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.

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