Hellermanntyton Group PLC Given New GBX 360 Price Target at JPMorgan Chase & Co. (HTY)
Equities research analysts at JPMorgan Chase & Co. raised their price objective on shares of Hellermanntyton Group PLC (LON:HTY) from GBX 335 ($5.50) to GBX 360 ($5.91) in a research note issued to investors on Friday, American Banking News reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 15.38% from the company’s current price.
Hellermanntyton Group PLC (LON:HTY) traded down 0.19% during mid-day trading on Friday, hitting GBX 312.00. The stock had a trading volume of 109,976 shares. 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 299.6 and a 200-day moving average of GBX 279.4.
A number of other analysts have also recently weighed in on HTY. Analysts at Investec raised their price target on shares of Hellermanntyton Group PLC from GBX 270 ($4.43) to GBX 280 ($4.60) in a research note to investors on Monday, January 13th. They now have a “sell” rating on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Hellermanntyton Group PLC in a research note to investors on Friday, January 10th. They now have a GBX 330 ($5.42) price target on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 334 ($5.48).
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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