Zacks Investment Research Upgrades HeadHunter Group (NYSE:HHR) to Buy

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Zacks Investment Research upgraded shares of HeadHunter Group (NYSE:HHR) from a hold rating to a buy rating in a research report sent to investors on Friday, Zacks.com reports. They currently have $23.00 target price on the stock.

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. “

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. started coverage on shares of HeadHunter Group in a research report on Thursday, September 19th. They issued an underweight rating for the company. Renaissance Capital assumed coverage on shares of HeadHunter Group in a research note on Monday, September 9th. They issued an outperform rating and a $23.00 price target for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. HeadHunter Group presently has a consensus rating of Buy and a consensus target price of $23.23.

Shares of NYSE:HHR traded up $1.23 on Friday, hitting $21.38. The company’s stock had a trading volume of 94,058 shares, compared to its average volume of 129,381. HeadHunter Group has a 12 month low of $14.62 and a 12 month high of $21.50. The company’s 50-day moving average price is $18.67.

HeadHunter Group (NYSE:HHR) last issued its quarterly earnings data on Monday, September 16th. The company reported $0.18 earnings per share for the quarter. The company had revenue of $30.15 million for the quarter.

Several hedge funds have recently modified their holdings of HHR. Acadian Asset Management LLC bought a new stake in shares of HeadHunter Group in the 2nd quarter worth $68,000. Victory Capital Management Inc. acquired a new stake in shares of HeadHunter Group in the second quarter valued at $98,000. Pentwater Capital Management LP bought a new position in HeadHunter Group during the second quarter valued at about $163,000. KCL Capital L.P. bought a new position in HeadHunter Group during the second quarter valued at about $163,000. Finally, Fiera Capital Corp bought a new position in HeadHunter Group during the second quarter valued at about $198,000.

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).

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Analyst Recommendations for HeadHunter Group (NYSE:HHR)

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