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Barrington Sticks to Their Buy Rating for Harsco Corp

Investing.com
·1-min read


Barrington analyst Christopher Howe reiterated a Buy rating on Harsco (NYSE:HSC) Corp on Monday, setting a price target of $15, which is approximately 50.75% above the present share price of $9.95.

Howe expects Harsco Corp to post earnings per share (EPS) of $0.50 for the second quarter of 2020.

The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Harsco, with an average price target of $15.
The analysts price targets range from a high of $15 to a low of $15.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $399.79 million and a net profit of $16.88 million. The company's market cap is $783.86 million.

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According to TipRanks.com, Barrington analyst Christopher Howe is a 4-star analyst with an average return of 12.4% and a 53.2% success rate.

Harsco Corp. engages in the provision of industrial services and engineered products. It operates through the following business segments: Harsco Environmental, Harsco Clean Earth, and Harsco Rail. The Harsco Environmental provides environmental services and material processing to the global steel and metals industries. The Harsco Clean Earth segment provides processing and beneficial reuse solutions for hazardous wastes, contaminated materials, and dredged volumes. The Harsco Rail segment provides equipment, after-market parts and services for the maintenance, repair and construction of railway track. The company was founded in 1853 and is headquartered in Camp Hill, PA.