Deutsche Bank AG Increases Hays plc (HAS) Price Target to GBX 120
Hays plc (LON:HAS) had its price objective upped by research analysts at Deutsche Bank AG from GBX 105 ($1.28) to GBX 120 ($1.46) in a report released on Wednesday. The firm presently has a “sell” rating on the stock. Deutsche Bank AG’s target price points to a potential downside of 13.85% from the stock’s current price.
Several other equities research analysts also recently issued reports on HAS. JPMorgan Chase & Co. raised their price target on Hays plc from GBX 110 ($1.34) to GBX 130 ($1.58) and gave the company a “neutral” rating in a research report on Wednesday. Credit Suisse Group AG raised Hays plc to a “neutral” rating and lifted their target price for the stock from GBX 100 ($1.22) to GBX 125 ($1.52) in a research report on Friday, September 2nd. Numis Securities Ltd downgraded Hays plc to an “add” rating and decreased their target price for the stock from GBX 155 ($1.89) to GBX 110 ($1.34) in a research report on Wednesday, July 6th. Liberum Capital lifted their target price on Hays plc from GBX 130 ($1.58) to GBX 145 ($1.77) and gave the stock a “buy” rating in a research report on Friday, September 23rd. Finally, BNP Paribas reissued an “outperform” rating and set a GBX 140 ($1.71) target price on shares of Hays plc in a research report on Monday, June 27th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. Hays plc currently has a consensus rating of “Hold” and an average target price of GBX 140.06 ($1.71).
Shares of Hays plc (LON:HAS) opened at 141.70 on Wednesday. The firm’s market capitalization is GBX 2.03 billion. The company has a 50-day moving average price of GBX 133.22 and a 200 day moving average price of GBX 125.43. Hays plc has a 52-week low of GBX 91.10 and a 52-week high of GBX 151.00.
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The business also recently disclosed 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. This represents a yield of 1.53%. The ex-dividend date is Thursday, October 13th. This is a boost from Hays plc’s previous dividend of $0.91.
In related news, insider Venables,Paul sold 321,615 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of GBX 132 ($1.61), for a total value of £424,531.80 ($517,406.22).
About Hays plc
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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