Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $9.30, but opened at $8.27. Hensoldt shares last traded at $8.39, with a volume of 2,536 shares changing hands.
Analyst Ratings Changes
Several equities analysts have recently commented on HAGHY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Hensoldt in a research report on Thursday, August 13th. Jefferies Financial Group upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on HAGHY
Hensoldt Stock Down 4.8%
Hensoldt Company Profile
HENSOLDT AG is a Germany-based defense electronics company that develops and supplies sensor solutions for military and security applications. Its portfolio includes radar systems, electro-optical and infrared sensors, electronic warfare equipment, avionics, and integrated command-and-control and data-fusion technologies.
The company’s products are used for air defense, surveillance, reconnaissance, situational awareness, and the protection of military platforms and personnel. HENSOLDT serves armed forces, government agencies, and defense contractors, with Germany and other European markets forming an important part of its customer base alongside international defense markets.
HENSOLDT was established in 2017 through the separation of Airbus Defence and Space’s electronics activities, building on longstanding German defense-electronics operations.
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