Hensoldt (OTCMKTS:HAGHY) Rating Increased to Strong-Buy at Zacks Research

Hensoldt (OTCMKTS:HAGHY) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Other equities analysts have also recently issued reports about the company. Barclays upgraded Hensoldt to a “hold” rating in a report on Monday, September 8th. Citigroup raised shares of Hensoldt from a “hold” rating to a “buy” rating in a research note on Friday, November 14th. Cantor Fitzgerald upgraded shares of Hensoldt to a “strong-buy” rating in a report on Friday, November 7th. Finally, DZ Bank upgraded shares of Hensoldt to a “strong-buy” rating in a report on Friday, October 31st. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hensoldt has a consensus rating of “Moderate Buy”.

Hensoldt Trading Up 5.9%

Shares of OTCMKTS:HAGHY opened at $50.81 on Tuesday. Hensoldt has a 52-week low of $17.85 and a 52-week high of $68.70. The business’s 50 day simple moving average is $44.90 and its two-hundred day simple moving average is $52.22.

About Hensoldt

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.