Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Given Consensus Rating of “Buy” by Brokerages

Shares of Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) have been assigned an average rating of “Buy” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have given a strong buy recommendation to the company.

A number of analysts have weighed in on HAGHY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Hensoldt in a research note on Thursday. Zacks Research upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st.

Hensoldt Stock Up 1.2%

Hensoldt stock opened at $10.70 on Friday. The company has a fifty day simple moving average of $8.89 and a 200-day simple moving average of $17.64. Hensoldt has a 12-month low of $7.18 and a 12-month high of $13.74.

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.