In a report released today, Christopher Howe from Barrington reiterated a Buy rating on Hillenbrand (HI – Research Report), with a price target of $67.00. The company’s shares closed last Thursday at $46.02.
According to TipRanks.com, Howe is a 5-star analyst with an average return of 12.3% and a 52.2% success rate. Howe covers the Industrial Goods sector, focusing on stocks such as Commercial Vehicle Group, Standex International, and Helios Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hillenbrand with a $67.00 average price target.
The company has a one-year high of $54.15 and a one-year low of $37.84. Currently, Hillenbrand has an average volume of 357.2K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Hillenbrand, Inc. is a diversified industrial company, which engages in the development, manufacture, and sale of engineered industrial equipment. It operates through the following segments: Process Equipment Group and Batesville. The Process Equipment Group segment offers machines used for compounding, extrusion, material handling, size reduction, screening, and flow control. The Batesville segment produces and trades burial and cremation caskets, urns, room display fixtures, and provides web-based applications. The company was founded on November 1, 2007 and is headquartered in Batesville, IN.
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