Hays (LON:HAS) Price Target Cut to GBX 75 by Analysts at Citigroup

Hays (LON:HAS) had its target price reduced by Citigroup from GBX 90 to GBX 75 in a research report report published on Friday morning, MarketBeat reports. Citigroup currently has a buy rating on the stock.

Several other equities analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Hays from GBX 100 to GBX 90 and set a “buy” rating on the stock in a research report on Wednesday, January 14th. Jefferies Financial Group restated an “underperform” rating and set a GBX 28 price target on shares of Hays in a research note on Thursday, April 16th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 71.60.

Hays Price Performance

Hays stock opened at GBX 32.17 on Friday. Hays has a 52 week low of GBX 28.68 and a 52 week high of GBX 77.50. The company’s 50 day moving average price is GBX 36.11 and its two-hundred day moving average price is GBX 47.79. The company has a quick ratio of 1.31, a current ratio of 1.27 and a debt-to-equity ratio of 65.55. The stock has a market cap of £514.41 million, a P/E ratio of -48.75, a P/E/G ratio of 0.24 and a beta of 0.82.

Hays (LON:HAS) last posted its earnings results on Friday, February 27th. The company reported GBX 0.46 EPS for the quarter. Hays had a negative net margin of 0.16% and a negative return on equity of 2.24%. On average, equities analysts predict that Hays will post 4.0966184 earnings per share for the current year.

Insider Transactions at Hays

In related news, insider Cheryl Millington purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average price of GBX 39 per share, for a total transaction of £1,950. Also, insider Michael Findlay purchased 25,500 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were bought at an average price of GBX 39 per share, with a total value of £9,945. Insiders purchased a total of 36,737 shares of company stock worth $1,389,084 in the last quarter. Insiders own 0.76% of the company’s stock.

Hays Company Profile