Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Hill & Smith (LON:HILS) Stock

Hill & Smith (LON:HILS) had its price objective hoisted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 2,555 ($34.57) to GBX 2,625 ($35.52) in a research report issued to clients and investors on Wednesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 21.53% from the stock’s previous close.

Several other equities research analysts have also issued reports on the stock. Shore Capital reaffirmed a “hold” rating on shares of Hill & Smith in a report on Wednesday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,500 ($33.82) price target on shares of Hill & Smith in a report on Tuesday, July 8th.

Hill & Smith Price Performance

Shares of LON:HILS opened at GBX 2,160 ($29.22) on Wednesday. The firm has a 50 day moving average of GBX 1,875.57 and a 200-day moving average of GBX 1,851.34. The stock has a market capitalization of £1.74 billion, a PE ratio of 22.71 and a beta of 1.31. The company has a current ratio of 2.20, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30. Hill & Smith has a 12 month low of GBX 1,463.97 ($19.81) and a 12 month high of GBX 2,255 ($30.51).

Hill & Smith (LON:HILS) last issued its earnings results on Wednesday, August 13th. The company reported GBX 63.90 ($0.86) EPS for the quarter. Hill & Smith had a net margin of 9.23% and a return on equity of 17.39%. On average, equities research analysts predict that Hill & Smith will post 129.1287386 EPS for the current fiscal year.

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.