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

Hill & Smith PLC (LON:HILS) shares hit 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 trading hands. The stock had previously closed at GBX 2,836.01.

Analysts Set New Price Targets

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

Hill & Smith Stock Performance

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

Insider Buying and Selling at Hill & Smith

In other news, insider Chris McLeish sold 2,682 shares of the company’s stock in a transaction on 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 Hill & Smith stock in a transaction dated Thursday, June 4th. The stock was bought at an average price of GBX 2,747 per share, for a total transaction of £103,012.50. Insiders own 2.00% of the company’s stock.

Hill & Smith Company Profile

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.