Harsco’s (HSC) “Buy” Rating Reiterated at Barrington Research

Barrington Research reiterated their buy rating on shares of Harsco (NYSE:HSC) in a report published on Monday morning, TipRanks reports. They currently have a $25.00 target price on the industrial products company’s stock.

A number of other equities analysts have also commented on HSC. Lake Street Capital reduced their price target on shares of Harsco from $36.00 to $31.00 and set a buy rating on the stock in a research report on Friday, January 24th. TheStreet lowered shares of Harsco from a b- rating to a c+ rating in a research report on Thursday, February 6th. ValuEngine upgraded shares of Harsco from a sell rating to a hold rating in a research report on Wednesday, January 8th. KeyCorp reduced their price target on shares of Harsco from $30.00 to $24.00 and set an overweight rating on the stock in a research report on Friday, January 24th. Finally, Zacks Investment Research lowered shares of Harsco from a hold rating to a sell rating in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $25.00.

NYSE:HSC opened at $15.81 on Monday. The firm has a market cap of $1.22 billion, a PE ratio of 2.51 and a beta of 2.26. Harsco has a 12 month low of $13.15 and a 12 month high of $27.97. The company has a quick ratio of 1.00, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company’s 50-day moving average price is $18.64 and its two-hundred day moving average price is $19.81.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. bought a new position in shares of Harsco in the third quarter worth about $34,000. Quantum Capital Management bought a new stake in shares of Harsco during the third quarter worth approximately $39,000. Valeo Financial Advisors LLC raised its stake in shares of Harsco by 829.2% during the fourth quarter. Valeo Financial Advisors LLC now owns 2,323 shares of the industrial products company’s stock worth $53,000 after buying an additional 2,073 shares during the last quarter. Aigen Investment Management LP bought a new stake in Harsco in the fourth quarter valued at approximately $57,000. Finally, Ladenburg Thalmann Financial Services Inc. increased its stake in Harsco by 45.7% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,934 shares of the industrial products company’s stock valued at $135,000 after purchasing an additional 1,547 shares in the last quarter. 92.17% of the stock is owned by institutional investors.

Harsco Company Profile

Harsco Corporation provides industrial services and engineered products worldwide. The company operates in three segments: Harsco Metals & Minerals, Harsco Industrial, and Harsco Rail. The Harsco Metals & Minerals segment provides on-site services of material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; and value added environmental solutions for industrial co-products, as well as produces industrial abrasives and roofing granules.

See Also: Dividend Stocks – Are They Right For You?

Receive News & Ratings for Harsco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harsco and related companies with MarketBeat.com's FREE daily email newsletter.