Berenberg Bank Reaffirms Buy Rating for Hill & Smith (LON:HILS)

Hill & Smith (LON:HILS)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Monday, MarketBeat reports. They currently have a GBX 2,650 price target on the stock. Berenberg Bank’s target price points to a potential upside of 25.59% from the stock’s current price.

Several other brokerages also recently weighed in on HILS. Deutsche Bank Aktiengesellschaft upped their target price on shares of Hill & Smith from GBX 2,555 to GBX 2,625 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. Shore Capital restated a “hold” rating on shares of Hill & Smith in a research note on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,637.50.

Hill & Smith Price Performance

HILS opened at GBX 2,110 on Monday. The stock’s 50-day moving average price is GBX 2,025.02 and its 200 day moving average price is GBX 1,874.15. Hill & Smith has a 12-month low of GBX 1,463.97 and a 12-month high of GBX 2,255. The firm has a market cap of £1.69 billion, a price-to-earnings ratio of 2,122.74 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 (LON:HILS) last released its earnings results on Wednesday, August 13th. The company reported GBX 63.90 earnings per share for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. As a group, sell-side analysts expect that Hill & Smith will post 129.1287386 earnings per share for the current year.

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.