Jefferies Group Reaffirms Hold Rating on Harsco (HSC)

By admin | 7 years ago

Harsco (NYSE: HSC)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group (NYSE: JEF) in a report released on Friday.

Shares of Harsco opened at 19.52 on Friday. Harsco has a 52 week low of $17.77 and a 52 week high of $36.02. The company’s market cap is $1.572 billion.

Harsco last announced its earnings results on Wednesday, May 2nd. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.03. The company’s quarterly revenue was down 3.5% on a year-over-year basis. On average, analysts predict that Harsco will post $0.51 earnings per share next quarter.

Separately, analysts at Buckingham Research upgraded shares of Harsco from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, March 7th.

Harsco Corporation is a diversified, multinational provider of industrial services and engineered products.

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