Hensoldt (OTCMKTS:HAGHY) Upgraded to “Strong-Buy” at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Hensoldt (OTCMKTS:HAGHY – Free Report) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Hensoldt in a research report on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy”.

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Hensoldt Stock Down 5.1%

OTCMKTS HAGHY opened at $8.83 on Monday. Hensoldt has a twelve month low of $7.18 and a twelve month high of $13.07. The business has a 50-day moving average price of $9.58 and a 200-day moving average price of $9.13.

About Hensoldt

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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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