Stocks
JPMorgan Boosts Harbour Energy Price Target
JPMorgan Chase & Co. has increased its target price for Harbour Energy (LON:HBR) from GBX 260 to GBX 280, indicating a potential upside of 13.09% from the company's previous close.
This forecast is part of a note issued by JPMorgan Chase & Co. to investors on Monday. The brokerage currently has a 'neutral' rating on the stock, which means they neither recommend buying nor selling it.
Other analysts have also weighed in on Harbour Energy's stock price. Canaccord Genuity Group reduced their target price from GBX 450 to GBX 425 and set a 'buy' rating, while Jefferies Financial Group maintained a 'buy' rating with a price target of GBX 295.