Helical Bar plc’s (HLCL) “Buy” Rating Reaffirmed at Numis Securities Ltd
Numis Securities Ltd reissued their buy rating on shares of Helical Bar plc (LON:HLCL) in a research note published on Tuesday morning. The firm currently has a GBX 481 ($6.28) price target on the stock.
Separately, JPMorgan Chase & Co. cut shares of Helical Bar plc to a neutral rating and reduced their target price for the company from GBX 540 ($7.05) to GBX 320 ($4.18) in a research report on Tuesday, September 6th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Helical Bar plc currently has an average rating of Hold and an average price target of GBX 439.40 ($5.74).
Helical Bar plc (LON:HLCL) opened at 292.00 on Tuesday. Helical Bar plc has a 52 week low of GBX 228.00 and a 52 week high of GBX 475.50. The stock has a 50 day moving average of GBX 286.44 and a 200-day moving average of GBX 333.37. The firm’s market cap is GBX 333.70 million.
In other Helical Bar plc news, insider Cotton ,Richard bought 15,000 shares of the stock in a transaction on Thursday, July 7th. The stock was purchased at an average price of GBX 234 ($3.05) per share, with a total value of £35,100 ($45,816.47). Also, insider Slade,Michael bought 42,392 shares of the stock in a transaction on Monday, July 25th. The shares were acquired at an average cost of GBX 273 ($3.56) per share, with a total value of £115,730.16 ($151,064.04).
About Helical Bar plc
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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