Hill & Smith (LON:HILS) Upgraded to “Buy” at Jefferies Financial Group

Hill & Smith (LON:HILS) was upgraded by analysts at Jefferies Financial Group to a “buy” rating in a report released on Thursday,Digital Look reports. The firm presently has a GBX 3,250 price objective on the stock, up from their prior price objective of GBX 2,760. Jefferies Financial Group’s target price would indicate a potential upside of 17.80% from the stock’s current price.

A number of other research analysts have also issued reports on the stock. Shore Capital Group restated a “hold” rating on shares of Hill & Smith in a research report on Wednesday, March 11th. Berenberg Bank reiterated a “buy” rating and set a GBX 2,750 price target on shares of Hill & Smith in a research report on Thursday, March 12th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Hill & Smith from GBX 2,625 to GBX 2,930 and gave the stock a “buy” rating in a research report on Thursday, March 12th. 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 an average target price of GBX 2,976.67.

Hill & Smith Stock Performance

Shares of LON:HILS opened at GBX 2,759.03 on Thursday. The company’s 50 day moving average price is GBX 2,390.73 and its two-hundred day moving average price is GBX 2,293.38. Hill & Smith has a 12-month low of GBX 1,634 and a 12-month high of GBX 2,810. The firm has a market cap of £2.17 billion, a PE ratio of 27.16 and a beta of 1.29. The company has a quick ratio of 0.92, a current ratio of 1.85 and a debt-to-equity ratio of 25.52.

Hill & Smith (LON:HILS) last announced its earnings results on Wednesday, March 11th. The company reported GBX 132.20 earnings per share (EPS) for the quarter. Hill & Smith had a net margin of 9.50% and a return on equity of 17.34%. Equities research analysts predict that Hill & Smith will post 129.1287386 earnings per share for the current year.

Insider Activity

In related news, insider Chris McLeish sold 2,682 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 2,760, for a total transaction of £74,023.20. Corporate insiders own 1.99% 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.