RHI Magnesita (LON:RHIM - Get Free Report)'s stock had its "hold" rating reaffirmed by research analysts at Jefferies Financial Group in a note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 2,885 ($38.11) price target on the stock. Jefferies Financial Group's target price indicates a potential upside of 23.69% from the company's previous close.
Several other equities research analysts also recently commented on RHIM. Royal Bank Of Canada cut their target price on shares of RHI Magnesita from GBX 3,200 ($42.27) to GBX 3,000 ($39.63) and set a "sector perform" rating on the stock in a research report on Thursday. Berenberg Bank dropped their price objective on shares of RHI Magnesita from GBX 4,400 ($58.12) to GBX 4,000 ($52.84) and set a "buy" rating on the stock in a report on Wednesday.
View Our Latest Research Report on RHIM
RHI Magnesita Price Performance
Shares of RHI Magnesita stock opened at GBX 2,332.50 ($30.81) on Thursday. RHI Magnesita has a twelve month low of GBX 2,310 ($30.52) and a twelve month high of GBX 3,885 ($51.32). The company has a quick ratio of 0.93, a current ratio of 1.91 and a debt-to-equity ratio of 152.96. The company has a 50-day simple moving average of GBX 2,887.08 and a two-hundred day simple moving average of GBX 3,151.38. The stock has a market capitalization of £1.32 billion, a price-to-earnings ratio of 7.31, a price-to-earnings-growth ratio of 2.03 and a beta of 1.53.
About RHI Magnesita
(
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RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.
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