Hays plc (HAS) Price Target Increased to GBX 137 by Analysts at Citigroup Inc.
Hays plc (LON:HAS) had its target price upped by research analysts at Citigroup Inc. from GBX 135 ($1.65) to GBX 137 ($1.67) in a report released on Tuesday. The brokerage currently has a “neutral” rating on the stock. Citigroup Inc.’s price target suggests a potential upside of 1.18% from the stock’s current price.
Other equities analysts also recently issued research reports about the stock. Numis Securities Ltd downgraded shares of Hays plc to an “add” rating and decreased their price objective for the company from GBX 155 ($1.89) to GBX 110 ($1.34) in a research note on Wednesday, July 6th. Liberum Capital restated a “buy” rating and issued a GBX 125 ($1.52) price objective on shares of Hays plc in a research note on Thursday, July 14th. Barclays PLC downgraded shares of Hays plc to an “equal weight” rating and decreased their price objective for the company from GBX 155 ($1.89) to GBX 105 ($1.28) in a research note on Thursday, July 7th. Morgan Stanley downgraded shares of Hays plc to an “equal weight” rating in a research note 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 research note on Friday, October 7th. Three investment 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. The company currently has an average rating of “Hold” and a consensus price target of GBX 137.88 ($1.68).
Shares of Hays plc (LON:HAS) opened at 137.70 on Tuesday. The firm’s market capitalization is GBX 1.97 billion. Hays plc has a 12-month low of GBX 91.10 and a 12-month high of GBX 151.00. The company has a 50-day moving average price of GBX 133.06 and a 200 day moving average price of GBX 125.30.
The company also recently declared a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 13th will be issued a dividend of GBX 1.99 ($0.02) per share. This is a boost 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 related news, insider Venables,Paul sold 321,615 shares of the stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of GBX 132 ($1.61), for a total transaction 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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