Hill & Smith (LON:HILS) Given Buy Rating at Berenberg Bank

Hill & Smith (LON:HILS)‘s stock had its “buy” rating reissued by Berenberg Bank in a research note issued to investors on Monday,Digital Look reports. They currently have a GBX 2,500 ($32.32) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 30.07% from the company’s current price.

Separately, Shore Capital reiterated a “hold” rating on shares of Hill & Smith in a research report on Tuesday, January 7th.

Hill & Smith Price Performance

HILS stock traded up GBX 28.10 ($0.36) during midday trading on Monday, reaching GBX 1,922.10 ($24.85). The company had a trading volume of 63,291 shares, compared to its average volume of 400,930. Hill & Smith has a 1 year low of GBX 1,734 ($22.41) and a 1 year high of GBX 2,330 ($30.12). The firm has a 50-day moving average price of GBX 1,901.72 and a 200-day moving average price of GBX 1,984.53. The company has a market capitalization of £1.55 billion, a P/E ratio of 20.21 and a beta of 1.31. The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92.

Hill & Smith (LON:HILS) last announced its quarterly earnings results on Wednesday, March 12th. The company reported GBX 122.60 ($1.58) earnings per share (EPS) for the quarter. Hill & Smith had a net margin of 9.23% and a return on equity of 17.39%. On average, research analysts anticipate that Hill & Smith will post 129.1287386 earnings per share for the current fiscal year.

Insider Activity at Hill & Smith

In other Hill & Smith news, insider Carol Chesney purchased 1,054 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was bought at an average cost of GBX 1,842 ($23.81) per share, with a total value of £19,414.68 ($25,096.54). Also, insider Alan Giddins acquired 4,225 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was acquired at an average price of GBX 1,875 ($24.24) per share, for a total transaction of £79,218.75 ($102,402.73). 1.88% of the stock is owned by corporate insiders.

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.