Hellermanntyton Group PLC Receives “Buy” Rating from Canaccord Genuity (HTY)
Hellermanntyton Group PLC (LON:HTY)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity in a report released on Friday, AnalystRatings.Net reports. They currently have a GBX 330 ($5.41) price objective on the stock. Canaccord Genuity’s price target indicates a potential upside of 12.86% from the stock’s previous close.
Hellermanntyton Group PLC (LON:HTY) traded up 0.21% on Friday, hitting GBX 293.00. 16,968 shares of the company’s stock traded hands. Hellermanntyton Group PLC has a 52-week low of GBX 193.487 and a 52-week high of GBX 321.20. The stock has a 50-day moving average of GBX 295.4 and a 200-day moving average of GBX 275.2.
HTY has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Hellermanntyton Group PLC in a research note to investors on Tuesday. Separately, analysts at Investec raised their price target on shares of Hellermanntyton Group PLC from GBX 260 ($4.26) to GBX 270 ($4.43) in a research note to investors on Thursday, December 5th. They now have a “sell” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Hellermanntyton Group PLC in a research note to investors on Monday, December 2nd. They now have a GBX 340 ($5.58) price target on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Hellermanntyton Group PLC currently has a consensus rating of “Hold” and an average target price of GBX 325 ($5.33).
Hellermanntyton Group PLC is a United Kingdom-based company. The Company is a manufacturer and supplier of performance and cable management solutions for fastening, identifying, insulating, protecting, organizing, routing and connecting components in electrical, automotive and datacom markets.
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