Hays (LON:HAS) Price Target Cut to GBX 160

Hays (LON:HAS) had its price objective lowered by Numis Securities from GBX 170 ($2.22) to GBX 160 ($2.09) in a research report sent to investors on Tuesday, April 16th, LSE.Co.UK reports. Numis Securities currently has a hold rating on the stock.

HAS has been the topic of a number of other research reports. Liberum Capital reiterated a buy rating on shares of Hays in a research note on Tuesday, April 16th. HSBC cut their price target on Hays from GBX 190 ($2.48) to GBX 180 ($2.35) and set a buy rating on the stock in a research note on Thursday, March 21st. Jefferies Financial Group cut their price target on Hays from GBX 195 ($2.55) to GBX 170 ($2.22) and set a hold rating on the stock in a research note on Thursday, February 21st. UBS Group restated a buy rating on shares of Hays in a research note on Friday, January 11th. Finally, Royal Bank of Canada raised their price target on Hays from GBX 180 ($2.35) to GBX 210 ($2.74) and gave the company a sector performer rating in a research note on Thursday, January 10th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 176 ($2.30).

LON HAS opened at GBX 146.50 ($1.91) on Tuesday. The company has a debt-to-equity ratio of 13.41, a current ratio of 1.60 and a quick ratio of 1.60. Hays has a twelve month low of GBX 134.60 ($1.76) and a twelve month high of GBX 213.40 ($2.79). The stock has a market capitalization of $2.13 billion and a P/E ratio of 12.42.

The business also recently announced a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 7th were paid a GBX 1.11 ($0.01) dividend. The ex-dividend date was Thursday, March 7th. This represents a yield of 0.7%. Hays’s dividend payout ratio (DPR) is presently 0.34%.

About Hays

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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