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Harbour Energy ( (GB:HBR) ) just unveiled an announcement.
Harbour Energy has announced the re-appointment of Ernst & Young LLP as its external auditor following a competitive audit tender process. This decision, pending shareholder approval, will take effect from the financial year ending December 2026. This move is part of Harbour’s compliance with public interest entity requirements, ensuring audit rotation and transparency.
The most recent analyst rating on (GB:HBR) stock is a Hold with a £212.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.
Spark’s Take on GB:HBR Stock
According to Spark, TipRanks’ AI Analyst, GB:HBR is a Neutral.
Harbour Energy’s overall score is driven by strong earnings call performance and financial stability, despite technical weakness and valuation concerns. The company’s operational efficiency and cash flow improvements are significant positives, but profitability and market momentum remain challenges.
To see Spark’s full report on GB:HBR stock, click here.
More about Harbour Energy
Harbour Energy plc operates in the energy sector, primarily focusing on oil and gas exploration and production. The company has a significant market presence following its acquisition of Chrysaor Holdings Limited in 2021, which was part of a reverse takeover.
Average Trading Volume: 3,438,182
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.27B
See more insights into HBR stock on TipRanks’ Stock Analysis page.