Jefferies Financial Group Reiterates Buy Rating for Hays (LON:HAS)

Jefferies Financial Group restated their buy rating on shares of Hays (LON:HAS – Get Rating) in a research note published on Tuesday, MarketBeat Ratings reports. The brokerage currently has a GBX 135 ($1.65) price objective on the stock.

A number of other brokerages also recently weighed in on HAS. Numis Securities reissued a buy rating and issued a GBX 170 ($2.07) price target on shares of Hays in a report on Friday, February 24th. Royal Bank of Canada restated an outperform rating and issued a GBX 170 ($2.07) price objective on shares of Hays in a research note on Friday, March 3rd. Finally, Barclays restated an overweight rating and issued a GBX 160 ($1.95) price objective on shares of Hays in a research note on Friday, February 24th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Hays presently has an average rating of Buy and an average target price of GBX 158.75 ($1.93).

Hays Price Performance

LON HAS opened at GBX 113.30 ($1.38) on Tuesday. The company has a current ratio of 1.41, a quick ratio of 1.31 and a debt-to-equity ratio of 42.00. The company has a fifty day simple moving average of GBX 122.16 and a 200 day simple moving average of GBX 117.28. The company has a market cap of £1.81 billion, a P/E ratio of 1,258.89, a P/E/G ratio of 0.24 and a beta of 1.21. Hays has a 1 year low of GBX 98.75 ($1.20) and a 1 year high of GBX 132 ($1.61).

Hays Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 11th. Shareholders of record on Thursday, March 2nd will be given a GBX 0.95 ($0.01) dividend. This represents a yield of 0.77%. The ex-dividend date is Thursday, March 2nd. Hays’s payout ratio is presently 3,333.33%.

Insider Buying and Selling at Hays

In other Hays news, insider James Hilton bought 16,740 shares of Hays stock in a transaction dated Friday, February 24th. The shares were bought at an average price of GBX 120 ($1.46) per share, with a total value of £20,088 ($24,482.63). Corporate insiders own 0.70% of the company’s stock.

Hays Company Profile

(Get Rating)

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 sectors. It also specializes in offering recruitment services in the areas of accountancy and finance, construction and property, 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 support, energy, oil and gas, procurement, retail, resources and mining, and telecoms.