Hays (LON:HAS) Given Neutral Rating at UBS Group

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.

UBS Group restated their neutral rating on shares of Hays (LON:HAS - Free Report) in a research note published on Friday, MarketBeat reports. The firm currently has a GBX 70 price target on the stock.

Separately, Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 100 target price on shares of Hays in a research report on Wednesday, July 9th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 95.

Hays Price Performance

Shares of HAS stock traded up GBX 0.45 on Friday, reaching GBX 63.50. 4,464,495 shares of the company were exchanged, compared to its average volume of 5,407,874. The company has a market cap of £1.00 billion, a price-to-earnings ratio of -203.71, a P/E/G ratio of 0.24 and a beta of 1.13. The business has a 50-day moving average price of GBX 66 and a 200 day moving average price of GBX 71.04. The company has a debt-to-equity ratio of 43.81, a quick ratio of 1.31 and a current ratio of 1.32. Hays has a 1 year low of GBX 55.70 and a 1 year high of GBX 99.20.

Insiders Place Their Bets

In other Hays news, insider Michael Findlay purchased 34,382 shares of the firm's stock in a transaction on Thursday, June 19th. The stock was bought at an average cost of GBX 58 per share, with a total value of £19,941.56. 0.54% of the stock is currently owned by corporate insiders.

About Hays