Zacks: HAYMAKER ACQUIS/SH CL A (HYAC) Given $14.00 Average Price Target by Analysts

Shares of HAYMAKER ACQUIS/SH CL A (NASDAQ:HYAC) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price objective of $14.00 for the company, according to Zacks. Zacks has also assigned HAYMAKER ACQUIS/SH CL A an industry rank of 34 out of 255 based on the ratings given to its competitors.

A number of analysts have recently commented on HYAC shares. Imperial Capital started coverage on shares of HAYMAKER ACQUIS/SH CL A in a research report on Thursday, December 6th. They issued an “outperform” rating and a $14.00 price objective on the stock. William Blair started coverage on shares of HAYMAKER ACQUIS/SH CL A in a research report on Thursday, March 7th. They issued an “outperform” rating on the stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of HYAC. FNY Investment Advisers LLC bought a new stake in HAYMAKER ACQUIS/SH CL A during the fourth quarter worth $950,000. Mizuho Securities USA LLC bought a new stake in HAYMAKER ACQUIS/SH CL A during the fourth quarter worth $247,000. City Financial Investment Co Ltd raised its position in HAYMAKER ACQUIS/SH CL A by 77.5% during the fourth quarter. City Financial Investment Co Ltd now owns 355,000 shares of the company’s stock worth $3,554,000 after acquiring an additional 155,000 shares in the last quarter. Kepos Capital LP bought a new stake in HAYMAKER ACQUIS/SH CL A during the fourth quarter worth $3,948,000. Finally, Stifel Financial Corp bought a new stake in HAYMAKER ACQUIS/SH CL A during the fourth quarter worth $504,000. 52.82% of the stock is currently owned by hedge funds and other institutional investors.

Shares of HYAC stock remained flat at $$11.64 during trading on Friday. 353,377 shares of the stock were exchanged, compared to its average volume of 1,005,643. HAYMAKER ACQUIS/SH CL A has a twelve month low of $9.55 and a twelve month high of $11.76.

About HAYMAKER ACQUIS/SH CL A

Haymaker Acquisition Corp. does not have significant operations. The company intends to acquire businesses or assets through merger, capital stock exchange, stock purchase, reorganization, or business combination. Haymaker Acquisition Corp. was founded in 2017 and is based in New York, New York.

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