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Hays shares rated 'buy' and 'outperform' as net fee recovery broadens with growth in UK and Germany

Market News
13 Oct 2026
Proactive Investors
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Bullish
Hays shares rated 'buy' and 'outperform' as net fee recovery broadens with growth in UK and Germany

Hays PLC, a FTSE 250 recruitment company, received positive ratings from RBC Capital Markets and Deutsche Bank following its first-quarter update. Deutsche Bank rated the shares as 'buy' with a price target of 95p, expecting continued recovery and growth, especially in the UK and Germany, despite a slight decline in Australia. Group net fees fell 3% year-on-year but showed improvement from previous quarters, with half of net fees now growing compared to 30% previously. Hays is shifting focus from the automotive sector in Germany to faster-growing areas like construction, engineering, and life sciences, aiming to improve profitability and expand in higher salary bands. RBC rates the shares 'outperform' with an 85p target, seeing less risk from AI on specialist staffing demand and expecting further recovery in trading multiples.

Hays PLC ratings by RBC and Deutsche Bank provide context for readers. For those tracking Industrials-sector US stocks on Pluang, 38 out of 113 rose and 75 fell today. Notable prices as of Oct 13, 2026 20:51 WIB include EOSE at USD 2.33 with 56% buy order activity, SMR at USD 6.55 with 100% buy orders, and CAT at USD 782.32 with 62% sell orders.

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