Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Given Average Recommendation of “Buy” by Brokerages

Shares of Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) have earned a consensus rating of “Buy” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and three have given a strong buy recommendation to the company.

HAGHY has been the topic of a number of research analyst reports. Kepler Capital Markets raised shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Zacks Research raised shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group raised shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 8th.

Hensoldt Stock Down 3.3%

Shares of OTCMKTS HAGHY opened at $7.79 on Thursday. Hensoldt has a 52 week low of $7.57 and a 52 week high of $13.74. The firm’s fifty day moving average is $9.06 and its 200 day moving average is $27.10.

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.