In a report issued on May 26, Christopher Howe from Barrington maintained a Buy rating on Hillenbrand (HI – Research Report), with a price target of $67.00. The company’s shares closed last Friday at $41.68.
According to TipRanks.com, Howe is a 4-star analyst with an average return of 11.3% and a 43.6% success rate. Howe covers the Industrial Goods sector, focusing on stocks such as Commercial Vehicle Group, Standex International, and Helios Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hillenbrand with a $67.00 average price target.
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Hillenbrand’s market cap is currently $2.99B and has a P/E ratio of 15.58.
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Hillenbrand, Inc. is a diversified industrial company, which engages in the development, manufacture, and sale of engineered industrial equipment. It operates through the following segments: Process Equipment Group and Batesville. The Process Equipment Group segment offers machines used for compounding, extrusion, material handling, size reduction, screening, and flow control. The Batesville segment produces and trades burial and cremation caskets, urns, room display fixtures, and provides web-based applications. The company was founded on November 1, 2007 and is headquartered in Batesville, IN.
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