FinnCap Reiterates “Corporate” Rating for Hardide (HDD)

Hardide (LON:HDD)‘s stock had its “corporate” rating reiterated by investment analysts at FinnCap in a research report issued to clients and investors on Monday, December 11th. They currently have a GBX 2.10 ($0.03) price target on the stock. FinnCap’s price target would suggest a potential upside of 9.09% from the company’s previous close.

Hardide (HDD) remained flat at $GBX 1.93 ($0.03) on Monday. Hardide has a fifty-two week low of GBX 0.66 ($0.01) and a fifty-two week high of GBX 2.27 ($0.03).

Hardide (LON:HDD) last issued its earnings results on Monday, December 11th. The company reported GBX (0.10) ($0.00) EPS for the quarter, hitting analysts’ consensus estimates of GBX (0.10) ($0.00). Hardide had a negative net margin of 23.82% and a negative return on equity of 23.23%. The company had revenue of GBX 324 million for the quarter.

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Hardide Company Profile

Hardide plc is a United Kingdom-based company, which is a provider of tungsten carbide coatings for critical metal components in abrasive, erosive, corrosive and chemically aggressive environments. The Company’s segments include UK operation, US operation and Corporate. It offers a family of nanostructured and low temperature chemical vapor deposition (CVD) coatings, which provide wear and corrosion resistance.

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