Berenberg Bank Reiterates Buy Rating for Hill & Smith (LON:HILS)

Berenberg Bank reaffirmed their buy rating on shares of Hill & Smith (LON:HILS) in a research note issued to investors on Thursday morning, MarketBeat reports. They currently have a GBX 2,350 ($30.03) target price on the stock.

Separately, Shore Capital raised Hill & Smith to a buy rating in a research report on Monday, July 8th.

Hill & Smith Stock Performance

Shares of Hill & Smith stock opened at GBX 2,040 ($26.07) on Thursday. The company has a quick ratio of 0.92, a current ratio of 2.02 and a debt-to-equity ratio of 33.64. Hill & Smith has a 52 week low of GBX 1,574 ($20.12) and a 52 week high of GBX 2,330 ($29.78). The firm’s 50 day moving average is GBX 2,064.93 and its two-hundred day moving average is GBX 1,959.84. The firm has a market capitalization of £1.64 billion, a P/E ratio of 2,400.00 and a beta of 1.26.

About Hill & Smith

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.