Hillenbrand (HI) Gets a Hold from D.A. Davidson

D.A. Davidson analyst Matt Summerville maintained a Hold rating on Hillenbrand today and set a price target of $32.00. The company’s shares closed yesterday at $31.31.

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Summerville covers the Industrials sector, focusing on stocks such as Crane NXT, Hillenbrand, and Napco Security Technologies. According to TipRanks, Summerville has an average return of 17.7% and a 57.36% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Hillenbrand with a $32.00 average price target, implying a 2.20% upside from current levels. In a report released today, CJS Securities also downgraded the stock to a Hold with a $32.00 price target.

Based on Hillenbrand’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $598.9 million and a net profit of $1.9 million. In comparison, last year the company earned a revenue of $786.6 million and had a GAAP net loss of $248.9 million