Harsco (HSC) PT Raised to $32.00 at KeyCorp
Harsco (NYSE:HSC) had its price target lifted by KeyCorp from $28.00 to $32.00 in a research report report published on Wednesday. The firm currently has an overweight rating on the industrial products company’s stock. KeyCorp also issued estimates for Harsco’s Q4 2018 earnings at $0.29 EPS and FY2019 earnings at $1.45 EPS.
A number of other equities analysts have also issued reports on HSC. ValuEngine upgraded shares of Harsco from a hold rating to a buy rating in a research report on Thursday, July 26th. Zacks Investment Research lowered shares of Harsco from a strong-buy rating to a hold rating in a research report on Wednesday, July 4th. Finally, Singular Research assumed coverage on shares of Harsco in a research report on Monday, August 27th. They set a buy rating and a $32.00 target price on the stock. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $28.80.
Shares of HSC stock opened at $29.55 on Wednesday. Harsco has a 1 year low of $15.55 and a 1 year high of $29.60. The company has a market cap of $2.32 billion, a PE ratio of 29.24 and a beta of 2.78. The company has a current ratio of 1.53, a quick ratio of 1.19 and a debt-to-equity ratio of 2.45.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its stake in shares of Harsco by 1,234.4% during the second quarter. Tower Research Capital LLC TRC now owns 5,244 shares of the industrial products company’s stock worth $116,000 after buying an additional 4,851 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Harsco during the first quarter worth approximately $118,000. Bank of Montreal Can bought a new stake in shares of Harsco during the second quarter worth approximately $118,000. Envestnet Asset Management Inc. raised its stake in shares of Harsco by 4,801.3% during the first quarter. Envestnet Asset Management Inc. now owns 7,548 shares of the industrial products company’s stock worth $156,000 after buying an additional 7,394 shares during the last quarter. Finally, Northern Oak Wealth Management Inc. bought a new stake in shares of Harsco during the first quarter worth approximately $161,000. 82.17% of the stock is owned by institutional investors and hedge funds.
Harsco Corporation provides industrial services and engineered products worldwide. The company operates in three segments: Harsco Metals & Minerals, Harsco Industrial, and Harsco Rail. The Harsco Metals & Minerals segment provides on-site services of material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; and value added environmental solutions for industrial co-products, as well as produces industrial abrasives and roofing granules.
Featured Story: Growth Stocks
Receive News & Ratings for Harsco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harsco and related companies with MarketBeat.com's FREE daily email newsletter.