Hornby Plc (HRN) Earns ” Buy” Rating from Numis Securities Ltd
Hornby Plc (LON:HRN)‘s stock had its ” buy” rating reissued by investment analysts at Numis Securities Ltd in a research note issued to investors on Thursday. They presently have a GBX 38 ($0.47) target price on the stock. Numis Securities Ltd’s price target suggests a potential upside of 21.60% from the stock’s previous close.
Hornby Plc (LON:HRN) traded down 2.000% during midday trading on Thursday, reaching GBX 30.625. The company had a trading volume of 33,559 shares. The firm’s market capitalization is GBX 16.83 million. Hornby Plc has a 12 month low of GBX 19.00 and a 12 month high of GBX 96.71. The firm’s 50-day moving average price is GBX 31.81 and its 200 day moving average price is GBX 31.62.
In other news, insider Steve Cooke purchased 97,000 shares of the company’s stock in a transaction on Friday, September 30th. The stock was bought at an average cost of GBX 36 ($0.45) per share, for a total transaction of £34,920 ($43,628.19).
Hornby Plc Company Profile
Hornby Plc is a holding company, which is engaged in the development, design, sourcing and distribution of hobby and interactive products. The Company offers model railway and slot car brands, including Scalextric, Airfix models, Humbrol paints and Corgi die cast models. The Company’s geographical segments include the United Kingdom, the United States, Spain, Italy and the rest of Europe.
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