Hexagon AB (publ)’s (HXGBY) “Underweight” Rating Reaffirmed at Barclays

Hexagon AB (publ) (OTCMKTS:HXGBY)‘s stock had its “underweight” rating reiterated by investment analysts at Barclays in a note issued to investors on Thursday, The Fly reports.

Several other research firms also recently weighed in on HXGBY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Hexagon AB (publ) in a research report on Friday, January 15th. Morgan Stanley reiterated an “underweight” rating on shares of Hexagon AB (publ) in a report on Thursday, December 10th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Hexagon AB (publ) in a report on Wednesday, January 13th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Hexagon AB (publ) currently has an average rating of “Hold”.

Shares of Hexagon AB (publ) stock traded down $0.36 on Thursday, hitting $95.54. The company’s stock had a trading volume of 19,022 shares, compared to its average volume of 14,965. Hexagon AB has a 52-week low of $43.05 and a 52-week high of $95.98. The firm has a fifty day moving average price of $88.79 and a 200-day moving average price of $84.66.

Hexagon AB (publ) (OTCMKTS:HXGBY) last announced its earnings results on Wednesday, February 3rd. The company reported $0.74 earnings per share (EPS) for the quarter. The business had revenue of $1.24 billion for the quarter.

Hexagon AB (publ) Company Profile

Hexagon AB (publ) provides information technology solutions for geospatial and industrial landscapes worldwide. The company operates through two segments, Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers metrology systems that incorporate the in sensor technology for measurements, as well as computer-aided design, computer-aided manufacturing, and computer-aided engineering software.

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Analyst Recommendations for Hexagon AB (publ) (OTCMKTS:HXGBY)

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