Hill & Smith (LON:HILS) Price Target Raised to GBX 3,225

Key Points

• Deutsche Bank raised Hill & Smith’s price target from GBX 2,975 to GBX 3,225 and maintained a “buy” rating, implying 4.54% potential upside.
• Jefferies also upgraded the stock to “buy” and lifted its target to GBX 3,250; analysts’ consensus is “Moderate Buy,” with an average target of GBX 3,075.
• Hill & Smith shares rose 2.5% to open at GBX 3,085, near their 52-week high of GBX 3,145. Insider activity included a £103,012.50 purchase and a £74,023.20 sale.

Hill & Smith (LON:HILS - Get Free Report) had its price target increased by research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,975 to GBX 3,225 in a research report issued to clients and investors on Thursday,London Stock Exchange reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 4.54% from the company's current price.

Separately, Jefferies Financial Group raised shares of Hill & Smith to a "buy" rating and raised their price target for the company from GBX 2,760 to GBX 3,250 in a research report on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 3,075.

Hill & Smith Stock Up 2.5%

Shares of LON HILS opened at GBX 3,085 on Thursday. Hill & Smith has a 1 year low of GBX 1,951.80 and a 1 year high of GBX 3,145. The stock has a market capitalization of £2.41 billion, a P/E ratio of 30.36 and a beta of 1.29. The company has a debt-to-equity ratio of 25.52, a current ratio of 1.85 and a quick ratio of 0.92. The company has a 50-day moving average price of GBX 2,858.62 and a 200-day moving average price of GBX 2,526.58.

Insider Activity at Hill & Smith

In related news, insider Nick Anderson acquired 3,750 shares of the stock in a transaction dated Thursday, June 4th. The shares were purchased at an average price of GBX 2,747 per share, for a total transaction of £103,012.50. Also, insider Chris McLeish sold 2,682 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 2,760, for a total value of £74,023.20. 1.99% of the stock is currently owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source