Numis Securities Ltd reaffirmed their buy rating on shares of Helical Bar plc (LON:HLCL) in a report released on Wednesday. The firm currently has a GBX 481 ($5.95) price target on the stock.

Separately, JPMorgan Chase & Co. cut Helical Bar plc to a neutral rating and dropped their target price for the stock from GBX 540 ($6.68) to GBX 320 ($3.96) 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 company. The stock has an average rating of Hold and a consensus price target of GBX 439.40 ($5.44).

Helical Bar plc (LON:HLCL) opened at 273.50 on Wednesday. The company has a 50 day moving average of GBX 286.54 and a 200 day moving average of GBX 326.21. Helical Bar plc has a 52-week low of GBX 228.00 and a 52-week high of GBX 475.50. The company’s market capitalization is GBX 312.56 million.

In other Helical Bar plc news, insider Bonning-Snook,Matthew purchased 477 shares of the stock in a transaction that occurred on Monday, September 12th. The shares were bought at an average cost of GBX 282 ($3.49) per share, with a total value of £1,345.14 ($1,664.78). Also, insider Slade,Michael purchased 42,392 shares of the stock in a transaction that occurred on Monday, July 25th. The stock was acquired at an average cost of GBX 273 ($3.38) per share, for a total transaction of £115,730.16 ($143,230.40).

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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