Hays plc (HAS) Price Target Raised to GBX 130
Hays plc (LON:HAS) had its price target raised by analysts at JPMorgan Chase & Co. from GBX 110 ($1.34) to GBX 130 ($1.58) in a research report issued on Wednesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential downside of 6.68% from the stock’s current price.
Several other research analysts also recently weighed in on the company. Goldman Sachs Group Inc. restated a “sell” rating and set a GBX 98 ($1.19) target price on shares of Hays plc in a research note on Monday, June 27th. Credit Suisse Group AG downgraded Hays plc to an “underperform” rating and dropped their target price for the stock from GBX 150 ($1.83) to GBX 100 ($1.22) in a research note on Thursday, June 30th. Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 135 ($1.65) price target on shares of Hays plc in a research report on Tuesday, September 13th. Deutsche Bank AG lifted their price target on Hays plc from GBX 100 ($1.22) to GBX 105 ($1.28) and gave the stock a “sell” rating in a research report on Tuesday, August 23rd. Finally, Jefferies Group lifted their price target on Hays plc from GBX 120 ($1.46) to GBX 140 ($1.71) and gave the stock a “hold” rating in a research report on Friday, October 7th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 139.13 ($1.70).
Shares of Hays plc (LON:HAS) opened at 139.30 on Wednesday. The stock’s market cap is GBX 2.00 billion. 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 133.22 and its 200 day moving average price is GBX 125.43.
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The company also recently disclosed a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 13th will be paid a dividend of GBX 1.99 ($0.02) per share. This is a positive change from Hays plc’s previous dividend of $0.91. This represents a yield of 1.53%. The ex-dividend date is Thursday, October 13th.
In other Hays plc news, insider Venables,Paul sold 321,615 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of GBX 132 ($1.61), for a total transaction 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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