Hill & Smith’s (HILS) “Buy” Rating Reaffirmed at Berenberg Bank

Hill & Smith (LON:HILS)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a report released on Tuesday, Digital Look reports. They currently have a GBX 2,100 ($26.91) target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 10.29% from the company’s previous close.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,910 ($24.47) price target on shares of Hill & Smith in a research note on Wednesday, November 15th.

Hill & Smith Stock Up 1.0 %

Shares of Hill & Smith stock traded up GBX 18 ($0.23) on Tuesday, hitting GBX 1,904 ($24.39). The company had a trading volume of 347,780 shares, compared to its average volume of 71,940. Hill & Smith has a twelve month low of GBX 1,252 ($16.04) and a twelve month high of GBX 1,950 ($24.98). The stock has a 50-day moving average of GBX 1,839.76 and a 200-day moving average of GBX 1,790.15. The firm has a market capitalization of £1.53 billion, a P/E ratio of 2,350.62 and a beta of 1.25. The company has a debt-to-equity ratio of 37.91, a current ratio of 2.06 and a quick ratio of 0.92.

Insider Buying and Selling at Hill & Smith

In other news, insider Alan Giddins bought 3,900 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were purchased at an average cost of GBX 1,894 ($24.27) per share, with a total value of £73,866 ($94,639.33). Insiders own 1.98% of the company’s stock.

About Hill & Smith

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through Roads & Security; Utilities; and Galvanizing Services segments. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offres security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.