Hays plc (LON:HAS – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 67.15 and last traded at GBX 66.20, with a volume of 6812712 shares traded. The stock had previously closed at GBX 64.50.
Analysts Set New Price Targets
HAS has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 60 target price on shares of Hays in a report on Tuesday, July 14th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 28 target price on shares of Hays in a research report on Thursday, May 21st. Citigroup cut their target price on shares of Hays from GBX 90 to GBX 75 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, UBS Group reaffirmed a “neutral” rating and issued a GBX 33 price target on shares of Hays in a research note on Friday, July 3rd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 57.20.
Get Our Latest Analysis on Hays
Hays Stock Down 3.2%
Hays announced that its Board of Directors has initiated a share repurchase plan on Monday, June 1st that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
Insider Activity
In related news, insider Mark Dearnley acquired 485,500 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average price of GBX 30 per share, for a total transaction of £145,650. Also, insider Joe Hurd purchased 5,672 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average price of GBX 35 per share, with a total value of £1,985.20. 0.81% of the stock is currently owned by corporate insiders.
Hays Company Profile
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