Hensoldt (OTCMKTS:HAGHY) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Hensoldt (OTCMKTS:HAGHY) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Hensoldt in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Hensoldt Price Performance

OTCMKTS:HAGHY opened at $8.40 on Monday. The stock has a 50-day simple moving average of $9.55 and a two-hundred day simple moving average of $9.12. Hensoldt has a 52-week low of $7.18 and a 52-week high of $13.07.

Hensoldt Company Profile

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.