Helical Bar plc Upgraded to Overweight by JPMorgan Chase & Co. (HLCL)
Helical Bar plc (LON:HLCL) was upgraded by equities researchers at JPMorgan Chase & Co. to an “overweight” rating in a research report issued on Thursday. The firm currently has a GBX 400 ($6.79) price objective on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 17.13% from the stock’s previous close.
Shares of Helical Bar plc (LON:HLCL) traded down 0.22% during mid-day trading on Thursday, hitting GBX 341.50. 41,536 shares of the company’s stock traded hands. Helical Bar plc has a one year low of GBX 260.00 and a one year high of GBX 405.063. The stock’s 50-day moving average is GBX 350.3 and its 200-day moving average is GBX 360.2. The company’s market cap is £398.2 million.
HLCL has been the subject of a number of other recent research reports. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Helical Bar plc in a research note on Friday, July 25th. Separately, analysts at Petercam reiterated an “add” rating on shares of Helical Bar plc in a research note on Monday, July 14th.
Helical Bar plc is a holding company. The Company is engaged in the property investment, trading and development.
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