Hellermanntyton Group PLC’s “Add” Rating Reaffirmed at Numis Securities Ltd (HTY)
Hellermanntyton Group PLC (LON:HTY)‘s stock had its “add” rating restated by research analysts at Numis Securities Ltd in a report released on Wednesday, StockRatingsNetwork reports. They currently have a GBX 340 ($5.58) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 13.33% from the company’s current price.
Shares of Hellermanntyton Group PLC (LON:HTY) traded up 0.37% on Wednesday, hitting GBX 301.10. 77,303 shares of the company’s stock traded hands. Hellermanntyton Group PLC has a one year low of GBX 193.487 and a one year high of GBX 321.20. The stock’s 50-day moving average is GBX 298.8 and its 200-day moving average is GBX 283.9.
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 on Wednesday, February 5th. Finally, analysts at Investec raised their price target on shares of Hellermanntyton Group PLC from GBX 270 ($4.43) to GBX 280 ($4.59) in a research note on Monday, January 13th. They now have a “sell” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 327.50 ($5.37).
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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