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Jefferies Financial Group Weighs in on Harbour Energy Plc's FY2022 Earnings (OTCMKTS:HBRIY)

Defense World ·  Jan 9, 2023 01:22

Harbour Energy plc (OTCMKTS:HBRIY – Get Rating) – Equities researchers at Jefferies Financial Group cut their FY2022 earnings estimates for shares of Harbour Energy in a research note issued to investors on Wednesday, January 4th. Jefferies Financial Group analyst M. Wilson now anticipates that the company will post earnings of $2.06 per share for the year, down from their previous estimate of $2.15. The consensus estimate for Harbour Energy's current full-year earnings is $1.54 per share. Jefferies Financial Group also issued estimates for Harbour Energy's FY2023 earnings at $1.18 EPS and FY2024 earnings at $1.70 EPS.

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Other equities research analysts have also issued reports about the stock. Barclays decreased their target price on shares of Harbour Energy from GBX 675 ($8.13) to GBX 585 ($7.05) in a research report on Friday, November 18th. Berenberg Bank decreased their target price on shares of Harbour Energy from GBX 480 ($5.78) to GBX 320 ($3.86) in a research report on Friday, November 18th.

Harbour Energy Stock Performance

Shares of OTCMKTS HBRIY opened at $3.65 on Monday. Harbour Energy has a one year low of $3.33 and a one year high of $6.77. The company's fifty day moving average is $4.02 and its two-hundred day moving average is $4.56.

About Harbour Energy

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Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds 124 license interests and 48 producing fields in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico.

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