Hill & Smith PLC 16.6% potential upside indicated by Berenberg Bank

Hill & Smith PLC with ticker (LON:HILS) now has a potential upside of 16.6% according to Berenberg Bank.



Berenberg Bank set a target price of 2,000 GBX for the company, which when compared to the Hill & Smith PLC share price of 1,716 GBX at opening today (22/08/2023) indicates a potential upside of 16.6%. Trading has ranged between 859 (52 week low) and 1,862 (52 week high) with an average of 124,640 shares exchanging hands daily. The market capitalisation at the time of writing is £1,378,571,056.

Hill & Smith PLC is a United Kingdom-based holding company, which consists of 30 companies operating from 57 sites in five countries. The Company operates through three divisions. Galvanizing Services division includes structural steel work, lighting columns, bridges, agricultural equipment and other products for the industrial and infrastructure markets. Engineered Solutions division supplies engineered steel and composite solutions with low embodied energy for a range of infrastructure markets, including energy generation and distribution, marine, rail and housing. The division also supplies engineered pipe supports for the water, power and liquid natural gas markets and seismic protection solutions. Roads & Security division 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.