Hill & Smith (LON:HILS) Given Buy Rating at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Hill & Smith (LON:HILS) in a research note released on Thursday morning, Marketbeat.com reports.

Separately, Berenberg Bank restated a buy rating and set a GBX 2,350 ($31.04) price target on shares of Hill & Smith in a research report on Thursday, August 8th.

Hill & Smith Price Performance

Shares of LON HILS opened at GBX 2,095 ($27.68) on Thursday. The stock has a market cap of £1.68 billion, a P/E ratio of 2,228.72 and a beta of 1.31. The firm’s 50-day simple moving average is GBX 2,114.49 and its 200 day simple moving average is GBX 2,005.41. Hill & Smith has a fifty-two week low of GBX 1,574 ($20.79) and a fifty-two week high of GBX 2,330 ($30.78). The company has a quick ratio of 0.92, a current ratio of 2.19 and a debt-to-equity ratio of 34.30.

Hill & Smith Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Stockholders of record on Thursday, November 28th will be paid a GBX 16.50 ($0.22) dividend. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, November 28th. Hill & Smith’s dividend payout ratio is presently 4,787.23%.

About Hill & Smith

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.