HeadHunter Group (NYSE:HHR) Raised to “Buy” at Zacks Investment Research

HeadHunter Group (NYSE:HHR) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, Zacks.com reports. The brokerage presently has a $23.00 target price on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 7.58% from the stock’s previous close.

According to Zacks, “HeadHunter Group PLC provides an online recruitment platform. The company offers services which consist of career guidance, career consultation, jobs by profession and the opportunity to create a resume and receive automatically suitable job opportunities. HeadHunter Group PLC is based in Moscow, Russia. “

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. initiated coverage on shares of HeadHunter Group in a research note on Thursday, September 19th. They issued an “underweight” rating for the company. Renaissance Capital assumed coverage on shares of HeadHunter Group in a research note on Monday, September 9th. They set an “outperform” rating and a $23.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $23.23.

Shares of HHR opened at $21.38 on Friday. HeadHunter Group has a fifty-two week low of $14.62 and a fifty-two week high of $21.50. The business has a 50-day moving average price of $18.67.

HeadHunter Group (NYSE:HHR) last released its quarterly earnings data on Monday, September 16th. The company reported $0.18 EPS for the quarter. The business had revenue of $30.15 million for the quarter.

Several large investors have recently bought and sold shares of the business. Acadian Asset Management LLC bought a new position in shares of HeadHunter Group in the second quarter worth $68,000. Victory Capital Management Inc. purchased a new position in shares of HeadHunter Group in the second quarter valued at $98,000. Pentwater Capital Management LP purchased a new position in shares of HeadHunter Group in the second quarter valued at $163,000. KCL Capital L.P. bought a new stake in shares of HeadHunter Group during the 2nd quarter valued at $163,000. Finally, Fiera Capital Corp bought a new stake in shares of HeadHunter Group during the 2nd quarter valued at $198,000.

About HeadHunter Group

HeadHunter Group PLC operates an online recruitment platform in Russia and the Commonwealth of independent states (CIS) region. It offers employers and recruiters paid access to its curriculum vitae (CV) database and job postings platform providing job seekers and employers with human resource value-added services (HR VAS).

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Analyst Recommendations for HeadHunter Group (NYSE:HHR)

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