26 Nov 2015
Accretive acquisition
This looks like a sensible deal for HILS which adds to its geographic galvanizing network in the UK. It is accretive to earnings in FY16 and we increase our target price to reflect this, from 723p to 742p. Buy.
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Accretive acquisition
Hill & Smith PLC (HILS:LON) | 1,953 0 0.0% | Mkt Cap: 1,569m
- Published:
26 Nov 2015 -
Author:
Jon Lienard -
Pages:
3
This looks like a sensible deal for HILS which adds to its geographic galvanizing network in the UK. It is accretive to earnings in FY16 and we increase our target price to reflect this, from 723p to 742p. Buy.