Hill & Smith (LON:HILS) Upgraded to “Buy” at Jefferies Financial Group

Hill & Smith (LON:HILS) was upgraded by stock analysts at Jefferies Financial Group to a “buy” rating in a research report issued on Thursday,Digital Look reports. The brokerage presently has a GBX 3,250 price objective on the stock, up from their previous price objective of GBX 2,760. Jefferies Financial Group’s price target suggests a potential upside of 17.80% from the stock’s current price.

HILS has been the topic of a number of other research reports. Shore Capital Group restated a “hold” rating on shares of Hill & Smith in a research report on Wednesday, March 11th. Berenberg Bank restated a “buy” rating and issued a GBX 2,750 target price on shares of Hill & Smith in a research report on Thursday, March 12th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Hill & Smith from GBX 2,625 to GBX 2,930 and gave the company a “buy” rating in a research report on Thursday, March 12th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Hill & Smith currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,976.67.

Hill & Smith Stock Performance

Shares of Hill & Smith stock opened at GBX 2,759.03 on Thursday. Hill & Smith has a fifty-two week low of GBX 1,634 and a fifty-two week high of GBX 2,810. The company has a debt-to-equity ratio of 25.52, a current ratio of 1.85 and a quick ratio of 0.92. The firm has a market capitalization of £2.17 billion, a P/E ratio of 27.16 and a beta of 1.29. The company’s 50 day moving average price is GBX 2,390.73 and its two-hundred day moving average price is GBX 2,293.38.

Hill & Smith (LON:HILS) last issued its earnings results on Wednesday, March 11th. The company reported GBX 132.20 earnings per share for the quarter. Hill & Smith had a net margin of 9.50% and a return on equity of 17.34%. On average, equities analysts forecast that Hill & Smith will post 129.1287386 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Chris McLeish sold 2,682 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of GBX 2,760, for a total transaction of £74,023.20. Insiders own 1.99% of the company’s stock.

About Hill & Smith

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.