HeadHunter Group (NYSE:HHR) Lowered to Hold at Zacks Investment Research

Share on StockTwits

HeadHunter Group (NYSE:HHR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “HeadHunter Group PLC provides an online recruitment platform. The company offers services which consist of career guidance, career consultation, jobs by profession and the opportunity to create a resume and receive automatically suitable job opportunities. HeadHunter Group PLC is based in Moscow, Russia. “

Several other research analysts have also recently commented on the company. Renaissance Capital initiated coverage on HeadHunter Group in a research note on Monday, September 9th. They set an “outperform” rating and a $23.00 target price for the company. JPMorgan Chase & Co. initiated coverage on HeadHunter Group in a research note on Thursday, September 19th. They set an “underweight” rating for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $23.57.

HHR opened at $18.63 on Wednesday. HeadHunter Group has a 12 month low of $14.62 and a 12 month high of $21.28. The business’s fifty day moving average is $18.46.

HeadHunter Group (NYSE:HHR) last released its earnings results on Monday, September 16th. The company reported $0.18 EPS for the quarter. The company had revenue of $30.15 million for the quarter.

Several large investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. purchased a new stake in shares of HeadHunter Group in the 2nd quarter valued at about $98,000. Schroder Investment Management Group purchased a new stake in shares of HeadHunter Group in the 2nd quarter valued at about $2,170,000. BlackRock Inc. purchased a new stake in shares of HeadHunter Group in the 2nd quarter valued at about $23,068,000. Teacher Retirement System of Texas purchased a new stake in shares of HeadHunter Group in the 2nd quarter valued at about $1,560,000. Finally, Pendal Group Ltd purchased a new stake in shares of HeadHunter Group in the 2nd quarter valued at about $1,605,000.

About HeadHunter Group

HeadHunter Group PLC operates an online recruitment platform in Russia and the Commonwealth of independent states (CIS) region. It offers employers and recruiters paid access to its curriculum vitae (CV) database and job postings platform providing job seekers and employers with human resource value-added services (HR VAS).

Featured Story: What moving averages are used to define a golden cross?

Get a free copy of the Zacks research report on HeadHunter Group (HHR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for HeadHunter Group (NYSE:HHR)

Receive News & Ratings for HeadHunter Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeadHunter Group and related companies with MarketBeat.com's FREE daily email newsletter.