Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) has been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company.

A number of research firms have weighed in on HAGHY. Citigroup upgraded Hensoldt from a “hold” rating to a “buy” rating in a research report on Friday, November 14th. Cantor Fitzgerald raised Hensoldt to a “strong-buy” rating in a research note on Friday, November 7th. DZ Bank raised Hensoldt to a “strong-buy” rating in a report on Friday, October 31st. Finally, Zacks Research raised shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th.

Hensoldt Stock Up 5.6%

Shares of OTCMKTS:HAGHY opened at $51.65 on Monday. Hensoldt has a twelve month low of $17.85 and a twelve month high of $68.70. The company has a 50 day moving average of $45.03 and a 200-day moving average of $51.85.

Hensoldt Company Profile

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.