Jefferies Sticks to Its Hold Rating for RHI Magnesita NV (RHIM)
In a report released on May 22, Andrew Douglas from Jefferies maintained a Hold rating on RHI Magnesita NV (RHIM – Research Report). The company's shares closed last Friday at p2,805.00.
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According to TipRanks, Douglas is a 3-star analyst with an average return of 2.2% and a 52.42% success rate.
In addition to Jefferies, RHI Magnesita NV also received a Hold from RBC Capital's Mark Fielding in a report issued on May 7. However, on May 8, Barclays maintained a Buy rating on RHI Magnesita NV (LSE: RHIM).
The company has a one-year high of p3,885.00 and a one-year low of p2,425.00. Currently, RHI Magnesita NV has an average volume of 21.19K.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RHIM in relation to earlier this year.
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