Hill & Smith (LON:HILS) Hits New 52-Week High – Should You Buy?

Hill & Smith PLC (LON:HILS) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,455 and last traded at GBX 2,415, with a volume of 122103 shares. The stock had previously closed at GBX 2,424.60.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on HILS shares. Shore Capital Group reissued a “hold” rating on shares of Hill & Smith in a report on Wednesday, November 19th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,530 price target on shares of Hill & Smith in a research report on Thursday, November 20th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,601.67.

Hill & Smith Stock Down 1.0%

The company has a market capitalization of £1.89 billion, a PE ratio of 24.04 and a beta of 1.31. The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92. The company has a 50-day moving average of GBX 2,258.91 and a two-hundred day moving average of GBX 2,177.93.

About Hill & Smith

Our purpose is to create sustainable infrastructure and safe transport through innovation.

Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value.

Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.