Hensoldt (OTCMKTS:HAGHY) Raised to Strong-Buy at Jefferies Financial Group

Hensoldt (OTCMKTS:HAGHY) was upgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday, Zacks reports.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Hensoldt in a research note on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hensoldt currently has an average rating of “Buy”.

Hensoldt Stock Performance

OTCMKTS HAGHY opened at $8.83 on Monday. Hensoldt has a twelve month low of $7.18 and a twelve month high of $13.07. The stock has a fifty day simple moving average of $9.58 and a 200 day simple moving average of $9.13.

About Hensoldt

HENSOLDT AG is a Germany-based defense electronics company that develops and supplies sensor solutions for military and security applications. Its portfolio includes radar systems, electro-optical and infrared sensors, electronic warfare equipment, avionics, and integrated command-and-control and data-fusion technologies.

The company’s products are used for air defense, surveillance, reconnaissance, situational awareness, and the protection of military platforms and personnel. HENSOLDT serves armed forces, government agencies, and defense contractors, with Germany and other European markets forming an important part of its customer base alongside international defense markets.

HENSOLDT was established in 2017 through the separation of Airbus Defence and Space’s electronics activities, building on longstanding German defense-electronics operations.