Hillenbrand jumps after report co weighing potential sale
ReutersAug 13, 2025 3:26 PM
** 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
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