Share on StockTwits

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.