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Jun 9 2025, 07:00 IST/BST
Hill & Smith
Nothing to fear but fear itself
- Sectors : Capital Goods
- Companies : Hill & Smith
DAVY VIEW
Hill & Smith has an excellent track record of growing EPS through periods of macro weakness. Another such period may be approaching. However, history has shown that investor concerns in these periods cause its multiples to compress. This risk leads us to lower our rating to ‘Neutral’ and our price target to £18.
