Hensoldt (OTCMKTS:HAGHY) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Hensoldt (OTCMKTS:HAGHY) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.

Several other research analysts have also issued reports on HAGHY. DZ Bank raised shares of Hensoldt to a “strong-buy” rating in a research report on Friday, October 31st. Cantor Fitzgerald raised Hensoldt to a “strong-buy” rating in a report on Friday, November 7th. Finally, Citigroup upgraded Hensoldt from a “hold” rating to a “buy” rating in a research report on Friday, November 14th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Hensoldt has an average rating of “Moderate Buy”.

Hensoldt Price Performance

Shares of Hensoldt stock opened at $46.41 on Wednesday. The company’s fifty day moving average price is $46.27 and its two-hundred day moving average price is $51.16. Hensoldt has a 52-week low of $17.85 and a 52-week high of $68.70.

About Hensoldt

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.