Helical plc (HLCL) Stock Rating Upgraded by Peel Hunt
Helical plc (LON:HLCL) was upgraded by Peel Hunt to a “buy” rating in a research note issued on Tuesday. The brokerage presently has a GBX 380 ($5.00) price objective on the stock, up from their previous price objective of GBX 350 ($4.60). Peel Hunt’s target price would suggest a potential upside of 26.25% from the company’s current price.
A number of other brokerages also recently issued reports on HLCL. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 469 ($6.17) price target on shares of Helical plc in a report on Tuesday, November 14th. reissued a “buy” rating and issued a GBX 469 ($6.17) target price on shares of Helical plc in a report on Tuesday, November 14th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 375 ($4.93) target price on shares of Helical plc in a report on Thursday, November 16th.
Shares of Helical plc (LON HLCL) traded up GBX 1 ($0.01) during trading hours on Tuesday, hitting GBX 301 ($3.96). The stock had a trading volume of 285,563 shares, compared to its average volume of 127,877. Helical plc has a 1 year low of GBX 258.50 ($3.40) and a 1 year high of GBX 360 ($4.73).
In other Helical plc news, insider Michael Slade sold 41,704 shares of the stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of GBX 319 ($4.20), for a total value of £133,035.76 ($174,977.98).
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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