HICL Infrastructure Company Limited (LON:HICL)‘s stock had its “neutral” rating reaffirmed by stock analysts at Macquarie in a research note issued to investors on Wednesday. They currently have a GBX 165 ($2.04) target price on the stock. Macquarie’s price target points to a potential downside of 3.45% from the stock’s previous close.

Shares of HICL Infrastructure Company Limited (LON:HICL) opened at 170.90 on Wednesday. HICL Infrastructure Company Limited has a 52 week low of GBX 149.90 and a 52 week high of GBX 185.50. The stock’s 50 day moving average price is GBX 1.45 and its 200-day moving average price is GBX 1.43.

The business also recently disclosed a dividend, which was paid on Friday, September 30th. Investors of record on Thursday, August 25th were issued a dividend of GBX 1.91 ($0.02) per share. This is a boost from HICL Infrastructure Company Limited’s previous dividend of $1.87. The ex-dividend date was Thursday, August 25th. This represents a yield of 1.12%.

HICL Infrastructure Company Limited Company Profile

HICL Infrastructure Company Limited (HICL) is a closed-ended investment company. The Company’s primary objective is investing and managing the assets with a view to spreading or otherwise managing investment risk. Its objective is to invest in funds in a portfolio of lower risk, operational, infrastructure projects to earn returns, as well as capital growth.

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