Investec Downgrades Hill & Smith Holdings to Hold (HILS)
Hill & Smith Holdings (LON:HILS) was downgraded by equities researchers at Investec to a “hold” rating in a research report issued on Monday, Analyst Ratings.Net reports. They currently have a GBX 555 ($9.15) price objective on the stock, up from their previous price objective of GBX 535 ($8.82). Investec’s target price would indicate a potential upside of 2.59% from the company’s current price.
A number of other analysts have also recently weighed in on HILS. Analysts at N+1 Singer upgraded shares of Hill & Smith Holdings to a “buy” rating in a research note to investors on Monday, January 6th. They now have a GBX 576 ($9.49) price target on the stock, up previously from GBX 502 ($8.27). Finally, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Hill & Smith Holdings in a research note to investors on Thursday, December 19th. They now have a GBX 502 ($8.27) price target on the stock.
Shares of Hill & Smith Holdings (LON:HILS) opened at 544.00 on Monday. Hill & Smith Holdings has a 52 week low of GBX 396.50 and a 52 week high of GBX 550.00. The stock’s 50-day moving average is GBX 524. and its 200-day moving average is GBX 473.0. The company’s market cap is £421.1 million.
Hill & Smith Holdings PLC is a holding Company. The Company is engaged in the manufacture and supply of infrastructure products, galvanizing services and building and construction products, with operations in the United Kingdom, France, the United States, Thailand, Sweden and China.
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