Hensoldt (OTCMKTS:HAGHY) Downgraded by Zacks Research to Hold

Hensoldt (OTCMKTS:HAGHY) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the stock. Citigroup upgraded shares of Hensoldt from a “hold” rating to a “buy” rating in a research note on Friday, November 14th. DZ Bank upgraded shares of Hensoldt to a “strong-buy” rating in a research report on Friday, October 31st. Finally, Cantor Fitzgerald upgraded shares of Hensoldt to a “strong-buy” rating in a report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Hensoldt presently has a consensus rating of “Moderate Buy”.

Hensoldt Stock Performance

HAGHY stock opened at $44.76 on Wednesday. Hensoldt has a 1-year low of $17.85 and a 1-year high of $68.70. The business has a fifty day moving average price of $46.15 and a 200-day moving average price of $51.25.

Hensoldt Company Profile

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.