Hays’ (HAS) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of Hays (LON:HASFree Report) in a research note released on Tuesday morning, MarketBeat reports. Royal Bank Of Canada currently has a GBX 60 price target on the stock.

HAS has been the subject of several other research reports. UBS Group reaffirmed a “neutral” rating and issued a GBX 33 price target on shares of Hays in a report on Friday, July 3rd. Citigroup decreased their price objective on Hays from GBX 90 to GBX 75 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Jefferies Financial Group restated an “underperform” rating and set a GBX 28 price objective on shares of Hays in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 57.20.

Get Our Latest Stock Analysis on Hays

Hays Stock Performance

LON:HAS opened at GBX 49.71 on Tuesday. The company has a debt-to-equity ratio of 65.55, a quick ratio of 1.31 and a current ratio of 1.27. The firm’s 50-day moving average is GBX 34.82 and its 200-day moving average is GBX 38.79. Hays has a 52-week low of GBX 28.68 and a 52-week high of GBX 68. The company has a market cap of £780.47 million, a price-to-earnings ratio of -75.32, a PEG ratio of 0.24 and a beta of 0.77.

Hays declared that its board has initiated a stock buyback program on Monday, June 1st that allows the company to repurchase 0 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Transactions at Hays

In related news, insider Joe Hurd acquired 5,672 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were bought at an average cost of GBX 35 per share, with a total value of £1,985.20. Also, insider Mark Dearnley acquired 485,500 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of GBX 30 per share, for a total transaction of £145,650. In the last 90 days, insiders have acquired 491,224 shares of company stock valued at $14,765,184. Corporate insiders own 0.81% of the company’s stock.

Hays Company Profile

(Get Free Report)

Recommended Stories

Analyst Recommendations for Hays (LON:HAS)

Receive News & Ratings for Hays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hays and related companies with MarketBeat.com's FREE daily email newsletter.