Harsco Corporation (NYSE:HSC) : 2 brokerage houses believe that Harsco Corporation (NYSE:HSC) is a Strong Buy at current levels. Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 2 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.
Harsco Corporation (NYSE:HSC) stock is expected to deviate a maximum of $0.71 from the average target price of $9.5 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $10 and the most muted being $9.
For the current week, the company shares have a recommendation consensus of Buy.
Harsco Corporation (NYSE:HSC): stock turned positive on Tuesday. Though the stock opened at $6.06, the bulls momentum made the stock top out at $6.29 level for the day. The stock recorded a low of $6 and closed the trading day at $6.22, in the green by 6.14%. The total traded volume for the day was 1,469,825. The stock had closed at $5.86 in the previous days trading.
In an insider trading activity, Minan Peter Francis, CFO of Harsco Corp had purchased 10,000 shares on March 2, 2016 in a transaction. The price per share was $3.66 and the total amount of the disclosed transaction was $36,600.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Harsco Corporation is a provider of industrial services and engineered products serving global industries. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. Harsco Metals & Minerals segment is a provider of on-site, outsourced services to the global metals industries. Harsco Industrial segment includes the Harsco Industrial IKG, Harsco Industrial Air-X-Changers and Harsco Industrial Patterson-Kelley businesses. Harsco Rail segment is a provider of equipment and services for the maintenance, repair and construction of railway track. The Companys principal lines of business include outsourced, on-site services of material logistics and resource recovery for iron, steel and metals manufacturing; air-cooled heat exchangers; industrial grating products; heat transfer products, and railway track maintenance services and equipment.