Helical PLC’s (HLCL) “Buy” Rating Reiterated at Numis Securities Ltd
Helical PLC (LON:HLCL)‘s stock had its “buy” rating reissued by investment analysts at Numis Securities Ltd in a report issued on Thursday. They currently have a GBX 469 ($6.23) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 47.14% from the stock’s current price.
Separately, J P Morgan Chase & Co upgraded shares of Helical PLC to an “overweight” rating and raised their price target for the company from GBX 340 ($4.52) to GBX 375 ($4.98) in a report on Thursday, July 6th.
Helical PLC (HLCL) traded up 4.17% during trading on Thursday, reaching GBX 318.75. 105,976 shares of the company’s stock were exchanged. Helical PLC has a 1-year low of GBX 247.75 and a 1-year high of GBX 360.00. The company’s 50-day moving average is GBX 311.88 and its 200-day moving average is GBX 321.31. The company’s market capitalization is GBX 372.73 million.
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In related news, insider Michael Slade sold 41,704 shares of Helical PLC stock in a transaction on Friday, September 22nd. The shares were sold at an average price of GBX 319 ($4.24), for a total value of £133,035.76 ($176,768.22).
Helical PLC Company Profile
Helical plc, formerly Helical Bar plc, is a property investment and development company. The Company’s segments include Investment properties and Developments. The Company’s Investment properties segment includes the properties, which are owned ora leased by the Company for long-term income and for capital appreciation, and trading properties, which are owned or leased with the intention to sell.
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