Hays plc (HAS) Given New GBX 135 Price Target at Credit Suisse Group AG
Hays plc (LON:HAS) had its price target hoisted by equities research analysts at Credit Suisse Group AG from GBX 125 ($1.52) to GBX 135 ($1.65) in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group AG’s price target would indicate a potential downside of 3.09% from the stock’s current price.
Several other equities analysts have also weighed in on HAS. Numis Securities Ltd lowered shares of Hays plc to an “add” rating and dropped their price objective for the company from GBX 155 ($1.89) to GBX 110 ($1.34) in a report on Wednesday, July 6th. Liberum Capital reiterated a “buy” rating and set a GBX 125 ($1.52) price objective on shares of Hays plc in a report on Thursday, July 14th. Barclays PLC lowered shares of Hays plc to an “equal weight” rating and dropped their price objective for the company from GBX 155 ($1.89) to GBX 105 ($1.28) in a report on Thursday, July 7th. Morgan Stanley lowered shares of Hays plc to an “equal weight” rating in a report on Tuesday, July 5th. Finally, Jefferies Group upped their price objective on shares of Hays plc from GBX 120 ($1.46) to GBX 140 ($1.71) and gave the company a “hold” rating in a report on Friday, October 7th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 140.69 ($1.71).
Hays plc (LON:HAS) traded up 3.02% during trading on Wednesday, reaching GBX 143.50. The company had a trading volume of 7,035,688 shares. Hays plc has a one year low of GBX 91.10 and a one year high of GBX 151.00. The company has a 50-day moving average price of GBX 133.22 and a 200 day moving average price of GBX 125.43. The company’s market capitalization is GBX 2.06 billion.
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The firm also recently disclosed a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 13th will be issued a GBX 1.99 ($0.02) dividend. The ex-dividend date is Thursday, October 13th. This is an increase from Hays plc’s previous dividend of $0.91. This represents a yield of 1.53%.
In related news, insider Venables,Paul sold 321,615 shares of the firm’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).
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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