Short Term Rating on Harsco Corporation (HSC)

Harsco Corporation (HSC) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 2 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.

Harsco Corporation (HSC) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $10 and the lowest price target forecast is $9. The average forecast of all the analysts is $9.5 and the expected standard deviation is $0.71.

For the current week, the company shares have a recommendation consensus of Buy.


Harsco Corporation (NYSE:HSC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.50 and $7.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.09, notching a gain of 8.01% for the day. The total traded volume was 1,260,754 . The stock had closed at $7.49 on the previous day.

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.

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