Harsco Co. (NYSE:HSC) has received an average rating of “Buy” from the seven analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $21.00.
Several equities research analysts have commented on HSC shares. Zacks Investment Research upgraded shares of Harsco from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Friday, November 10th. Argus boosted their target price on shares of Harsco to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Finally, ValuEngine lowered shares of Harsco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th.
Institutional investors have recently added to or reduced their stakes in the stock. First Quadrant L P CA purchased a new stake in shares of Harsco in the 3rd quarter worth about $263,000. Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of Harsco in the 2nd quarter worth about $283,000. Parametrica Management Ltd purchased a new stake in shares of Harsco in the 3rd quarter worth about $708,000. Eagle Boston Investment Management Inc. boosted its position in shares of Harsco by 15.2% in the 3rd quarter. Eagle Boston Investment Management Inc. now owns 65,726 shares of the industrial products company’s stock worth $1,403,000 after buying an additional 8,678 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its position in shares of Harsco by 59.0% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 30,090 shares of the industrial products company’s stock worth $629,000 after buying an additional 11,160 shares in the last quarter. Institutional investors and hedge funds own 83.08% of the company’s stock.
Harsco Company Profile
Harsco Corporation is a provider of industrial services and engineered products. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the operations focused in the United States, the United Kingdom, France and Brazil.
Receive News & Ratings for Harsco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harsco and related companies with MarketBeat.com's FREE daily email newsletter.