Hillenbrand jumps after report co weighing potential sale
13/08/2025 16:26
** Shares of plastic parts and equipment maker Hillenbrand HI.N rise 12% to $26 in morning trade ** Bloomberg News reports HI is exploring strategic options, including a potential sale, citing people familiar with the matter ** Report says deliberations are ongoing and there’s no guarantee they will result in a sale ** HI has a market value of about $1.65 billion, according to data compiled by LSEG ** Median PT of 4 brokerages covering the stock is $35 - LSEG ** Including session's move, stock down 16% YTD (Reporting by Anshuman Tripathy) ((Anshuman.Tripathy@thomsonreuters.com))
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