Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Hill & Smith (LON:HILS) Stock

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for Hill & Smith (LON:HILS) from GBX 2,555 to GBX 2,625, indicating a potential upside of 21.53% from the current stock price.
• The company's stock is currently trading at GBX 2,160, with a market capitalization of £1.74 billion and a PE ratio of 22.71.
• Hill & Smith posted earnings of GBX 63.90 per share in its last quarterly report, with a return on equity of 17.39% and a net margin of 9.23%.

Hill & Smith (LON:HILS - Get Free Report) had its price target upped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 2,555 ($34.57) to GBX 2,625 ($35.52) in a research note issued to investors on Wednesday,Digital Look reports. The firm currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 21.53% from the stock's current price.

A number of other equities research analysts also recently commented on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 2,500 ($33.82) target price on shares of Hill & Smith in a report on Tuesday, July 8th. Shore Capital reissued a "hold" rating on shares of Hill & Smith in a report on Wednesday.

Hill & Smith Stock Performance

Shares of HILS stock traded down GBX 10 ($0.14) during trading hours on Wednesday, hitting GBX 2,160 ($29.22). The stock had a trading volume of 221,431 shares, compared to its average volume of 292,400. The firm has a market capitalization of £1.74 billion, a PE ratio of 22.71 and a beta of 1.31. Hill & Smith has a twelve month low of GBX 1,463.97 ($19.81) and a twelve month high of GBX 2,255 ($30.51). The stock's 50 day moving average is GBX 1,875.57 and its 200 day moving average is GBX 1,851.34. The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92.

Hill & Smith (LON:HILS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The company reported GBX 63.90 ($0.86) earnings per share for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. As a group, research analysts forecast that Hill & Smith will post 129.1287386 earnings per share for the current fiscal year.

About Hill & Smith

Our purpose is to create sustainable infrastructure and safe transport through innovation. Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value. Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.

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