Hays (LON:HAS) Price Target Raised to GBX 95

Hays (LON:HAS) had its price objective lifted by Deutsche Bank Aktiengesellschaft from GBX 60 to GBX 95 in a research report sent to investors on Wednesday,Digital Look reports. They currently have a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada increased their target price on Hays from GBX 60 to GBX 85 and gave the stock an “outperform” rating in a report on Monday, August 24th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 28 price target on shares of Hays in a research note on Friday, August 21st. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 33 price target on shares of Hays in a research report on Friday, July 3rd. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 63.20.

Hays Stock Performance

LON:HAS opened at GBX 66.75 on Wednesday. Hays has a 12-month low of GBX 28.68 and a 12-month high of GBX 78.45. The company has a quick ratio of 1.31, a current ratio of 1.18 and a debt-to-equity ratio of 60.68. The firm has a market capitalization of £1.05 billion, a PE ratio of -18.34, a price-to-earnings-growth ratio of 0.24 and a beta of 0.77. The firm has a 50-day moving average price of GBX 61.53 and a 200 day moving average price of GBX 43.70.

Hays (LON:HAS) last announced its quarterly earnings results on Thursday, August 20th. The company reported GBX (3.64) EPS for the quarter. Hays had a negative return on equity of 13.31% and a negative net margin of 0.91%. Research analysts anticipate that Hays will post 4.0966184 earnings per share for the current fiscal year.

Hays declared that its board has approved a share buyback plan on Monday, June 1st that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Hays news, insider James Hilton sold 63,122 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of GBX 67, for a total transaction of £42,291.74. Corporate insiders own 0.81% of the company’s stock.

Hays Company Profile