Hill & Smith's (HILS) "Buy" Rating Reiterated at 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 reiterated by Berenberg Bank in a report issued on Monday, Marketbeat.com reports. They presently have a GBX 2,650 price objective on the stock. Berenberg Bank's price objective would suggest a potential upside of 25.59% from the stock's previous close.

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

Hill & Smith Stock Down 0.9%

Shares of HILS stock traded down GBX 20 on Monday, reaching GBX 2,110. 49,635 shares of the stock were exchanged, compared to its average volume of 339,559. The company has a current ratio of 2.20, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30. The business's 50 day moving average price is GBX 2,043.31 and its 200 day moving average price is GBX 1,878.53. The company has a market capitalization of £1.69 billion, a price-to-earnings ratio of 2,122.74 and a beta of 1.31. Hill & Smith has a twelve month low of GBX 1,463.97 and a twelve month high of GBX 2,255.

Hill & Smith (LON:HILS - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported GBX 63.90 earnings per share (EPS) for the quarter. Hill & Smith had a net margin of 9.23% and a return on equity of 17.39%. As a group, sell-side analysts expect 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.