Hill & Smith (LON:HILS) Price Target Raised to GBX 3,180

Hill & Smith (LON:HILS) had its target price hoisted by investment analysts at Berenberg Bank from GBX 2,950 to GBX 3,180 in a report released on Monday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 4.95% from the company’s previous close.

A number of other analysts also recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,320 price target on shares of Hill & Smith in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Hill & Smith from GBX 2,975 to GBX 3,225 and gave the company a “buy” rating in a report on Thursday, August 6th. 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 has an average rating of “Moderate Buy” and a consensus target price of GBX 3,241.67.

Hill & Smith Price Performance

LON:HILS opened at GBX 3,030 on Monday. The company has a debt-to-equity ratio of 41.04, a current ratio of 2.04 and a quick ratio of 0.92. The firm has a market cap of £2.37 billion, a price-to-earnings ratio of 29.82 and a beta of 1.28. The company has a 50 day moving average price of GBX 2,895.99 and a 200-day moving average price of GBX 2,562.47. Hill & Smith has a 1-year low of GBX 1,994 and a 1-year high of GBX 3,220.

Insider Activity

In other news, insider Chris McLeish sold 2,682 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 2,760, for a total transaction of £74,023.20. Also, insider Anthony (Tony) James Quinlan purchased 1,352 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average cost of GBX 2,943 per share, for a total transaction of £39,789.36. Company insiders own 2.01% of the company’s stock.

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.