Hill & Smith (LON:HILS) Sets New 1-Year High – Here’s What Happened

Hill & Smith PLC (LON:HILS)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 2,320 and last traded at GBX 2,305, with a volume of 363568 shares traded. The stock had previously closed at GBX 2,285.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,530 target price on shares of Hill & Smith in a research note on Thursday, November 20th. Shore Capital reaffirmed a “hold” rating on shares of Hill & Smith in a report on Wednesday, November 19th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,601.67.

Hill & Smith Price Performance

The stock has a market capitalization of £1.87 billion, a price-to-earnings ratio of 23.59 and a beta of 1.31. The company’s 50-day simple moving average is GBX 2,191.63 and its 200-day simple moving average is GBX 2,104.17. The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92.

Hill & Smith Company Profile

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.