Investec Reaffirms Buy Rating for Hargreaves Services plc (HSP)

Investec reaffirmed their buy rating on shares of Hargreaves Services plc (LON:HSP) in a report released on Tuesday, August 8th. Investec currently has a GBX 491 ($6.37) target price on the stock.

Hargreaves Services plc (LON HSP) traded up 1.38% on Tuesday, hitting GBX 348.75. The stock had a trading volume of 12,851 shares. Hargreaves Services plc has a 52-week low of GBX 185.00 and a 52-week high of GBX 385.00. The company’s market cap is GBX 111.10 million. The company has a 50 day moving average price of GBX 342.07 and a 200-day moving average price of GBX 316.50.

ILLEGAL ACTIVITY NOTICE: This report was first reported by [[site]] and is the property of of [[site]]. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at [[permalink]].

The business also recently announced a dividend, which will be paid on Friday, October 20th. Stockholders of record on Thursday, September 21st will be paid a GBX 4.50 ($0.06) dividend. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, September 21st. This is a positive change from Hargreaves Services plc’s previous dividend of $2.70.

Hargreaves Services plc Company Profile

Hargreaves Services plc is engaged in sourcing, producing, processing, handling and transporting carbon-based and other bulk materials throughout the United Kingdom and Europe. The Company’s principal activities are the provision of haulage services, waste transportation, mineral import, mining and processing, together with specialist earthworks and related activities.