UBS Group Reaffirms "Neutral" Rating for Hays (LON:HAS)

Key Points

• UBS Group has reaffirmed a "neutral" rating for Hays (LON:HAS), setting a target price of GBX 70 ($0.95), indicating a potential upside of 11.11% from the previous close.
• Royal Bank Of Canada has set a more optimistic "outperform" rating for Hays, with a target price of GBX 100 ($1.35).
• Insider Michael Findlay purchased 34,382 shares at an average price of GBX 58 ($0.78), reflecting confidence in the company's future.

Hays (LON:HAS - Get Free Report)'s stock had its "neutral" rating reiterated by equities researchers at UBS Group in a research report issued to clients and investors on Friday,Digital Look reports. They presently have a GBX 70 ($0.95) target price on the stock. UBS Group's price target would indicate a potential upside of 11.11% from the company's previous close.

Separately, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 100 ($1.35) price objective on shares of Hays in a research report on Wednesday, July 9th.

Hays Price Performance

HAS stock traded up GBX 0.30 ($0.00) during mid-day trading on Friday, reaching GBX 63 ($0.85). The company's stock had a trading volume of 1,267,144 shares, compared to its average volume of 5,449,932. The stock has a market cap of £993.54 million, a PE ratio of -202.10, a P/E/G ratio of 0.24 and a beta of 1.13. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 43.81. Hays has a fifty-two week low of GBX 55.70 ($0.75) and a fifty-two week high of GBX 99.20 ($1.34). The company's 50 day moving average is GBX 66.72 and its two-hundred day moving average is GBX 71.43.

Insiders Place Their Bets

In related news, insider Michael Findlay bought 34,382 shares of the stock in a transaction on Thursday, June 19th. The shares were bought at an average cost of GBX 58 ($0.78) per share, for a total transaction of £19,941.56 ($26,980.87). Insiders own 0.54% of the company's stock.

About Hays

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