RHI Magnesita N.V. (DI) (RHIM)

Sector:

Engineering

Index:

FTSE 250

3,555.00p
   
  • Change Today:
      15.00p
  • 52 Week High: 3,785.00p
  • 52 Week Low: 2,050.00p
  • Currency: UK Pounds
  • Shares Issued: 47.14m
  • Volume: 8,076
  • Market Cap: £1,675.74m

RHI Magnesita slumps on RBC Capital downgrade

By Michele Maatouk

Date: Wednesday 13 Oct 2021

LONDON (ShareCast) - (Sharecast News) - RHI Magnesita tumbled on Wednesday after RBC Capital Markets downgraded the shares to 'sector perform' from 'outperform' and cut the price target to 3,700p from 4,750p.

RBC said RHIM remains one of the cheapest stocks in its coverage and it continues to see attractions in its valuation.

"However, with inflationary pressures likely to persist in H2 and into H1 2022 we see increased uncertainty in its earnings progression versus our coverage and therefore downgrade."

At 0850 BST, the shares were down 6.6% at 2,968p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

RHIM Market Data

Currency UK Pounds
Share Price 3,555.00p
Change Today 15.00p
% Change 0.42 %
52 Week High 3,785.00p
52 Week Low 2,050.00p
Volume 8,076
Shares Issued 47.14m
Market Cap £1,675.74m

RHIM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.92% above the market average79.92% above the market average79.92% above the market average79.92% above the market average79.92% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Price Trend
90.27% above the market average90.27% above the market average90.27% above the market average90.27% above the market average90.27% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average
Income
98.49% above the market average98.49% above the market average98.49% above the market average98.49% above the market average98.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
8.08% below the market average8.08% below the market average8.08% below the market average8.08% below the market average8.08% below the market average
15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average

RHIM Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 24-Aug-23
Paid 13-Jun-24 22-Sep-23
Amount 125.00¢ 55.00¢

Trades for 24-May-2024

Time Volume / Share Price
16:35 4,714 @ 3,555.00p
16:35 21 @ 3,555.00p
16:35 25 @ 3,555.00p
16:35 10 @ 3,555.00p
16:35 10 @ 3,555.00p

RHIM Key Personnel

CEO Stefan Borgas
Chair Herbert Cordt
CFO Ian Botha

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