Hill & Smith (LON:HILS) Receives Buy Rating from Berenberg Bank

Key Points

• Berenberg Bank has reiterated a buy rating for Hill & Smith (HILS) and set a price target of GBX 2,650, indicating a potential upside of 23.83% from the current stock price.
• Deutsche Bank has also raised its target price for Hill & Smith from GBX 2,555 to GBX 2,625 while maintaining its buy rating.
• Hill & Smith reported earnings of GBX 63.90 per share for the last quarter, with analysts expecting earnings of 129.13 EPS for the current fiscal year.

Hill & Smith (LON:HILS - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Berenberg Bank in a note issued to investors on Monday, Marketbeat Ratings reports. They presently have a GBX 2,650 price target on the stock. Berenberg Bank's target price would indicate a potential upside of 25.59% from the company's previous close.

Several other equities analysts also recently commented on HILS. Shore Capital reaffirmed a "hold" rating on shares of Hill & Smith in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft upped their target price on Hill & Smith from GBX 2,555 to GBX 2,625 and gave the company a "buy" rating in a research report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 2,637.50.

Hill & Smith Stock Performance

LON HILS traded down GBX 20 during trading on Monday, reaching GBX 2,110. 49,635 shares of the company's stock were exchanged, compared to its average volume of 339,559. The business has a 50 day moving average price of GBX 2,043.31 and a 200-day moving average price of GBX 1,878.04. The stock has a market capitalization of £1.69 billion, a P/E ratio of 2,122.74 and a beta of 1.31. 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 has a fifty-two week low of GBX 1,463.97 and a fifty-two week high of GBX 2,255.

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

Hill & Smith Company Profile

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.