Helical (HLCL) Given Buy Rating at Peel Hunt

Helical (LON:HLCL)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research report issued on Wednesday. They currently have a GBX 380 ($5.15) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 6.00% from the stock’s previous close.

Several other research firms also recently issued reports on HLCL. Numis Securities reiterated a “buy” rating and set a GBX 427 ($5.79) price target on shares of Helical in a research note on Tuesday, January 23rd. JPMorgan Chase & Co. upped their price target on Helical from GBX 375 ($5.09) to GBX 390 ($5.29) and gave the stock an “overweight” rating in a research note on Monday, January 15th. Finally, reiterated a “buy” rating and set a GBX 469 ($6.36) price target on shares of Helical in a research note on Tuesday, November 14th.

Helical (LON:HLCL) traded down GBX 3.50 ($0.05) on Wednesday, hitting GBX 358.50 ($4.86). The stock had a trading volume of 196,274 shares, compared to its average volume of 77,247. The company has a market cap of $425.22 and a P/E ratio of 5,121.43. Helical has a 52 week low of GBX 285 ($3.86) and a 52 week high of GBX 386.50 ($5.24).

In related news, insider Michael Slade sold 85,000 shares of the stock in a transaction that occurred on Thursday, November 23rd. The stock was sold at an average price of GBX 301 ($4.08), for a total transaction of £255,850 ($346,962.30).

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About Helical

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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