Liberum Capital Reaffirms “Buy” Rating for Hays plc (HAS)
Hays plc (LON:HAS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a note issued to investors on Friday. They currently have a GBX 145 ($1.79) price target on the stock. Liberum Capital’s price target suggests a potential upside of 6.70% from the stock’s previous close.
Other research analysts have also issued reports about the company. Numis Securities Ltd lowered Hays plc to an “add” rating and decreased their price objective for the company from GBX 155 ($1.92) to GBX 110 ($1.36) in a research report on Wednesday, July 6th. Barclays PLC lowered Hays plc to an “equal weight” rating and decreased their price objective for the company from GBX 155 ($1.92) to GBX 105 ($1.30) in a research report on Thursday, July 7th. Morgan Stanley lowered Hays plc to an “equal weight” rating in a research report on Tuesday, July 5th. Jefferies Group increased their price objective on Hays plc from GBX 120 ($1.49) to GBX 140 ($1.73) and gave the company a “hold” rating in a research report on Friday, October 7th. Finally, JPMorgan Chase & Co. increased their price objective on Hays plc from GBX 105 ($1.30) to GBX 110 ($1.36) and gave the company a “neutral” rating in a research report on Friday, July 15th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 137.75 ($1.70).
Hays plc (LON:HAS) opened at 136.30 on Friday. Hays plc has a 52-week low of GBX 91.10 and a 52-week high of GBX 151.00. The company’s 50-day moving average price is GBX 132.75 and its 200 day moving average price is GBX 125.10. The firm’s market capitalization is GBX 1.95 billion.
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The business also recently announced a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 13th will be given a GBX 1.99 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 13th. This represents a dividend yield of 1.53%. This is an increase from Hays plc’s previous dividend of $0.91.
In related news, insider Venables,Paul sold 321,615 shares of Hays plc stock in a transaction dated Wednesday, September 14th. The stock was sold at an average price of GBX 132 ($1.63), for a total value of £424,531.80 ($525,410.64).
Hays plc Company Profile
Hays plc is a United Kingdom-based recruitment company engaged in the provision of specialist recruitment activities. The Company’s geographical segments include: Asia Pacific, Continental Europe & Rest of World, and United Kingdom & Ireland. The Company operates worldwide in 20 specialism, including accounting and finance, construction and property, information and technology (IT), sales and marketing, education, engineering and manufacturing, health and social care, legal, financial services, retail, executive, life sciences and human resources.
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