Hays (LON:HAS) Given New GBX 61 Price Target at Jefferies Financial Group

Hays (LON:HAS) had its price target lowered by Jefferies Financial Group from GBX 85 to GBX 61 in a report issued on Thursday, Marketbeat Ratings reports. The firm currently has a hold rating on the stock.

Other research analysts have also issued reports about the stock. UBS Group reaffirmed a “neutral” rating and issued a GBX 70 price target on shares of Hays in a research note on Friday, August 15th. Citigroup decreased their target price on Hays from GBX 110 to GBX 90 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Finally, Royal Bank Of Canada lowered their price target on Hays from GBX 100 to GBX 95 and set an “outperform” rating on the stock in a research note on Friday, August 22nd. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 79.

Hays Trading Down 2.1%

Shares of HAS stock opened at GBX 57.54 on Thursday. The company has a debt-to-equity ratio of 43.81, a current ratio of 1.32 and a quick ratio of 1.31. The company has a market cap of £916.03 million, a price-to-earnings ratio of -11,743.27, a PEG ratio of 0.24 and a beta of 1.13. The stock has a 50 day simple moving average of GBX 63.54 and a 200-day simple moving average of GBX 69.61. Hays has a 1-year low of GBX 55.70 and a 1-year high of GBX 96.60.

Hays (LON:HAS) last released its quarterly earnings results on Thursday, August 21st. The company reported GBX 1.31 earnings per share (EPS) for the quarter. Hays had a negative net margin of 0.07% and a negative return on equity of 0.84%. On average, equities research analysts expect that Hays will post 4.0966184 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Michael Findlay bought 34,382 shares of the business’s stock in a transaction on Thursday, June 19th. The stock was acquired at an average cost of GBX 58 per share, with a total value of £19,941.56. Also, insider Dirk Hahn purchased 364,000 shares of Hays stock in a transaction dated Thursday, August 28th. The shares were bought at an average price of GBX 62 per share, for a total transaction of £225,680. Over the last 90 days, insiders have purchased 563,720 shares of company stock worth $35,010,128. 0.80% of the stock is owned by corporate insiders.

Hays Company Profile