Peel Hunt Reaffirms Add Rating for Hansteen (LON:HSTN)

Peel Hunt restated their add rating on shares of Hansteen (LON:HSTN) in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued reports about the company. Liberum Capital reaffirmed a buy rating on shares of Hansteen in a research note on Monday, April 29th. Numis Securities reaffirmed a hold rating and set a GBX 95 ($1.24) price objective on shares of Hansteen in a research note on Monday, March 25th.

Shares of Hansteen stock opened at GBX 96.80 ($1.26) on Tuesday. The company has a quick ratio of 2.94, a current ratio of 3.63 and a debt-to-equity ratio of 52.97. Hansteen has a 12 month low of GBX 85.60 ($1.12) and a 12 month high of GBX 112.80 ($1.47). The firm has a market cap of $411.45 million and a P/E ratio of 7.28.

The firm also recently announced a dividend, which was paid on Friday, May 17th. Shareholders of record on Thursday, April 4th were issued a dividend of GBX 3.80 ($0.05) per share. The ex-dividend date of this dividend was Thursday, April 4th. This is a positive change from Hansteen’s previous dividend of $2.40. This represents a yield of 3.96%. Hansteen’s payout ratio is currently 0.45%.

In other Hansteen news, insider Ian Richard Watson sold 2,381,967 shares of Hansteen stock in a transaction dated Monday, March 25th. The stock was sold at an average price of GBX 95 ($1.24), for a total transaction of £2,262,868.65 ($2,956,838.69).

Hansteen Company Profile

Hansteen Holdings PLC is a company which was incorporated in the United Kingdom and registered in England and Wales on 27 October 2005. The Company is required to comply with the provisions of the Companies Act 2006. The address of the registered office is 1st Floor, Pegasus House, 37-43 Sackville Street, London W1S 3DL.

Recommended Story: Limitations of the P/E Growth ratio

Receive News & Ratings for Hansteen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hansteen and related companies with's FREE daily email newsletter.