Hudson Ltd (NYSE:HUD) has been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $19.50.

A number of research analysts recently commented on the stock. Zacks Investment Research raised shares of Hudson from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Tuesday, August 7th. Morgan Stanley increased their price target on shares of Hudson from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Monday, August 6th.

Shares of NYSE:HUD opened at $22.49 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.64 and a debt-to-equity ratio of 0.82. Hudson has a 12 month low of $14.23 and a 12 month high of $22.75. The stock has a market capitalization of $2.06 billion and a P/E ratio of 51.11.

Hudson (NYSE:HUD) last announced its quarterly earnings results on Friday, August 3rd. The company reported $0.28 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.05. The business had revenue of $499.40 million during the quarter, compared to the consensus estimate of $499.76 million. During the same period in the previous year, the business posted $0.13 EPS. The firm’s revenue was up 7.4% on a year-over-year basis. sell-side analysts forecast that Hudson will post 0.79 earnings per share for the current year.

Large investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA bought a new position in shares of Hudson in the 1st quarter valued at about $122,000. Macquarie Group Ltd. bought a new stake in Hudson in the second quarter worth about $154,000. California Public Employees Retirement System bought a new stake in Hudson in the first quarter worth about $159,000. UBS Group AG bought a new stake in Hudson in the first quarter worth about $176,000. Finally, Barclays PLC bought a new stake in Hudson in the first quarter worth about $200,000. 37.57% of the stock is owned by hedge funds and other institutional investors.

About Hudson

Hudson Ltd. operates as a duty-paid and duty-free travel retail company. It operates travel essentials and convenience stores, bookstores, duty-free stores, proprietary and branded specialty stores, electronics stores, themed stores, and quick-service food and beverage outlets under proprietary and third-party brands.

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Analyst Recommendations for Hudson (NYSE:HUD)

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