RBC Capital Markets and Deutsche Bank both rate Hays PLC (LSE:HAS), the FTSE 250 recruitment company, positively after its first-quarter update, with price targets of 85p and 95p, respectively, against Friday's closing price of 64.25p. Deutsche Bank, which rates the shares a 'buy', sets the higher target of 95p, 47.9% above the last close, as it sees the recovery continuing to broaden.
Hays PLC (LSE:HAS) shares fell nearly 10% to an intraday low of 58p on Monday despite Panmure Liberum saying the recruitment group delivered a modest first-quarter beat and reiterating its Buy rating. Panmure, which has a 100p price target on Hays, said like-for-like net fee income fell 3% in the three months to September, compared with market expectations for a 4% decline and matching its own ...
Hays PLC (LSE:HAS), the recruitment group, reported a 3% decline in first-quarter like-for-like net fees as permanent hiring remained weak, although the company said trading trends had stabilised and cost reductions were progressing. Temporary and contracting net fees fell 1% in the three months to 30 September, while permanent recruitment fees declined 7% as fragile conditions in Northern Euro...
Hays PLC (LSE:HAS) expects profit for the 2026 financial year to come in at the top end of market forecasts after cost cuts offset another quarter of weak recruitment activity. The recruiter said like-for-like net fees fell 5% in the three months to 30 June.
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