Hill & Smith (LON:HILS) Hits New 52-Week High – What’s Next?

Hill & Smith PLC (LON:HILSGet Free Report) shares reached a new 52-week high on Thursday . The company traded as high as GBX 2,892.50 and last traded at GBX 2,875, with a volume of 147070 shares. The stock had previously closed at GBX 2,836.01.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their price target on Hill & Smith from GBX 2,625 to GBX 2,930 and gave the company a “buy” rating in a research report on Thursday, March 12th. Jefferies Financial Group upgraded Hill & Smith to a “buy” rating and lifted their price objective for the stock from GBX 2,760 to GBX 3,250 in a research report on Thursday, May 28th. Berenberg Bank reissued a “buy” rating and set a GBX 2,750 price objective on shares of Hill & Smith in a research note on Thursday, March 12th. Finally, Shore Capital Group restated a “hold” rating on shares of Hill & Smith in a report on Wednesday, March 11th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,976.67.

Get Our Latest Stock Analysis on Hill & Smith

Hill & Smith Stock Up 1.4%

The company has a market capitalization of £2.25 billion, a PE ratio of 28.30 and a beta of 1.29. The company has a quick ratio of 0.92, a current ratio of 1.85 and a debt-to-equity ratio of 25.52. The firm has a 50-day moving average of GBX 2,587.62 and a two-hundred day moving average of GBX 2,359.77.

Insider Buying and Selling at Hill & Smith

In related news, insider Chris McLeish sold 2,682 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of GBX 2,760, for a total transaction of £74,023.20. Also, insider Nick Anderson acquired 3,750 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average cost of GBX 2,747 per share, with a total value of £103,012.50. Corporate insiders own 2.00% of the company’s stock.

About Hill & Smith

(Get Free Report)

Our purpose is to create sustainable infrastructure and safe transport through innovation.

Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value.

Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.

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