HeadHunter Group (NYSE:HHR) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of HeadHunter Group (NYSE:HHR) from a hold rating to a buy rating in a research report report published on Friday morning, Zacks.com reports. The firm currently has $23.00 price objective 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 reports about the company. Renaissance Capital began coverage on HeadHunter Group in a research report on Monday, September 9th. They set an outperform rating and a $23.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on HeadHunter Group in a research report on Thursday, September 19th. They issued an underweight rating for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The company has an average rating of Buy and an average target price of $23.23.

HHR stock opened at $21.38 on Friday. The stock has a 50 day moving average of $18.67. HeadHunter Group has a 1-year low of $14.62 and a 1-year high of $21.50.

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

Several hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC purchased a new position in shares of HeadHunter Group in the second quarter worth about $68,000. Victory Capital Management Inc. bought a new position in shares of HeadHunter Group in the second quarter worth approximately $98,000. Pentwater Capital Management LP bought a new position in shares of HeadHunter Group in the second quarter worth approximately $163,000. KCL Capital L.P. purchased a new position in shares of HeadHunter Group in the second quarter worth $163,000. Finally, Fiera Capital Corp purchased a new position in shares of HeadHunter Group in the second quarter worth $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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