Hays (HAS) PT Lowered to GBX 170

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Hays (LON:HAS) had its target price reduced by Credit Suisse Group from GBX 210 ($2.74) to GBX 170 ($2.22) in a research report issued on Tuesday, October 16th. The brokerage currently has a “neutral” rating on the stock. Credit Suisse Group’s price target suggests a potential upside of 5.79% from the company’s previous close.

Other equities analysts have also issued reports about the company. UBS Group reaffirmed a “buy” rating on shares of Hays in a research report on Friday, October 5th. Liberum Capital reaffirmed a “buy” rating on shares of Hays in a research report on Thursday, October 11th. Kepler Capital Markets cut their target price on Hays from GBX 205 ($2.68) to GBX 170 ($2.22) and set a “hold” rating on the stock in a research report on Monday, October 15th. Morgan Stanley raised Hays to an “overweight” rating and upped their target price for the company from GBX 149 ($1.95) to GBX 235 ($3.07) in a research report on Thursday, September 27th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Hays in a research report on Monday, August 6th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 186.01 ($2.43).

Hays stock traded down GBX 2 ($0.03) during midday trading on Tuesday, hitting GBX 160.70 ($2.10). 3,121,034 shares of the company were exchanged, compared to its average volume of 3,420,000. Hays has a fifty-two week low of GBX 155 ($2.03) and a fifty-two week high of GBX 206.20 ($2.69).

In related news, insider Alistair R. Cox sold 107,927 shares of the company’s stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of GBX 206 ($2.69), for a total transaction of £222,329.62 ($290,513.03). Also, insider Paul Venables sold 1,019,390 shares of the stock in a transaction on Friday, September 7th. The stock was sold at an average price of GBX 204 ($2.67), for a total value of £2,079,555.60 ($2,717,307.72). Over the last 90 days, insiders have sold 1,252,841 shares of company stock valued at $255,795,418.

Hays Company Profile

Hays plc operates as a recruitment company in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally. The company offers permanent, temporary, and contractor recruitment services, such as qualified, professional, and skilled recruitment to public and private sector. It specializes in offering recruitment services in the areas of accountancy and finance, construction and property, information technology, life sciences, sales and marketing, banking and capital markets, contact centers, education, engineering and manufacturing, executive, financial services, health and social care, human resources, legal, office professionals, energy, oil and gas, purchasing, retail, resources and mining, and telecoms.

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Analyst Recommendations for Hays (LON:HAS)

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