Morgan Stanley Reaffirms Overweight Rating for Hays (LON:HAS)

Morgan Stanley restated their overweight rating on shares of Hays (LON:HASGet Rating) in a report published on Thursday, MarketBeat.com reports.

Several other equities research analysts have also issued reports on HAS. Barclays restated an overweight rating and set a GBX 190 ($2.48) price target on shares of Hays in a research note on Wednesday. Royal Bank of Canada reiterated an outperform rating and issued a GBX 205 ($2.67) price objective on shares of Hays in a research note on Thursday, March 24th.

Shares of HAS stock opened at GBX 121 ($1.58) on Thursday. The company has a 50 day moving average of GBX 130.05 and a 200-day moving average of GBX 145.73. The company has a quick ratio of 1.46, a current ratio of 1.52 and a debt-to-equity ratio of 24.55. Hays has a 12-month low of GBX 105.20 ($1.37) and a 12-month high of GBX 181.10 ($2.36). The firm has a market cap of £2.02 billion and a P/E ratio of 17.54.

The company also recently declared a dividend, which was paid on Friday, April 8th. Stockholders of record on Thursday, March 3rd were given a dividend of GBX 0.95 ($0.01) per share. The ex-dividend date was Thursday, March 3rd. This represents a dividend yield of 0.69%. Hays’s dividend payout ratio (DPR) is currently 0.18%.

In other news, insider Joe Hurd purchased 7,500 shares of Hays stock in a transaction dated Thursday, February 24th. The stock was purchased at an average cost of GBX 138 ($1.80) per share, for a total transaction of £10,350 ($13,487.10).

About Hays (Get Rating)

Hays plc operates as a recruitment company in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally. The company offers permanent, temporary, and contractor recruitment services, such as qualified, professional, and skilled recruitment to public and private sectors. It also specializes in offering recruitment services in the areas of accountancy and finance, construction and property, technology, life sciences, sales and marketing, banking and capital markets, contact centers, education, engineering and manufacturing, executive, financial services, health and social care, human resources, legal, office support, energy, oil and gas, procurement, retail, resources and mining, and telecoms.

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