Hellermanntyton Group PLC Price Target Increased to GBX 280 by Analysts at Investec (HTY)
Stock analysts at Investec upped their price objective on shares of Hellermanntyton Group PLC (LON:HTY) from GBX 270 ($4.45) to GBX 280 ($4.61) in a report issued on Monday, American Banking News.com reports. The firm currently has a “sell” rating on the stock. Investec’s price target points to a potential downside of 6.35% from the stock’s previous close.
HTY has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Hellermanntyton Group PLC in a research note to investors on Friday. They now have a GBX 330 ($5.44) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Hellermanntyton Group PLC in a research note to investors on Tuesday, January 7th. 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 ($5.60) 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 given a buy rating to the stock. Hellermanntyton Group PLC has an average rating of “Hold” and an average price target of GBX 327.50 ($5.40).
Shares of Hellermanntyton Group PLC (LON:HTY) opened at 295.88 on Monday. 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 295.5 and a 200-day moving average of GBX 275.4.
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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