Hill & Smith (LON:HILS) Price Target Raised to GBX 3,180

Hill & Smith (LON:HILS) had its price objective boosted by Berenberg Bank from GBX 2,950 to GBX 3,180 in a research note published on Monday,Digital Look reports. They currently have a buy rating on the stock.

A number of other research firms have also recently issued reports on HILS. Deutsche Bank Aktiengesellschaft lifted their price target on Hill & Smith from GBX 2,975 to GBX 3,225 and gave the company a “buy” rating in a report on Thursday, August 6th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 3,320 target price on shares of Hill & Smith in a research note on Wednesday, August 12th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,241.67.

Hill & Smith Stock Performance

LON:HILS opened at GBX 2,945 on Monday. The company has a quick ratio of 0.92, a current ratio of 2.04 and a debt-to-equity ratio of 41.04. The firm has a 50-day moving average price of GBX 2,908.49 and a 200 day moving average price of GBX 2,577.82. Hill & Smith has a 12-month low of GBX 1,994 and a 12-month high of GBX 3,220. The firm has a market capitalization of £2.30 billion, a PE ratio of 28.99 and a beta of 1.28.

Insider Buying and Selling at Hill & Smith

In related news, insider Nick Anderson bought 4,120 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were purchased at an average price of GBX 2,922 per share, with a total value of £120,386.40. Also, insider Anthony (Tony) James Quinlan purchased 1,352 shares of the stock in a transaction dated Thursday, August 13th. The shares were bought at an average price of GBX 2,943 per share, with a total value of £39,789.36. Insiders have purchased 9,222 shares of company stock worth $26,318,826 over the last quarter. Corporate insiders own 2.01% of the company’s stock.

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.