Helical PLC’s (HLCL) Buy Rating Reiterated at Numis Securities Ltd
Numis Securities Ltd reiterated their buy rating on shares of Helical PLC (LON:HLCL) in a research note published on Wednesday morning. The firm currently has a GBX 469 ($6.22) target price on the stock.
Separately, J P Morgan Chase & Co upgraded shares of Helical PLC to an overweight rating and boosted their price target for the company from GBX 340 ($4.51) to GBX 375 ($4.97) in a research report on Thursday, July 6th.
Shares of Helical PLC (LON HLCL) opened at 312.00 on Wednesday. The firm has a 50-day moving average price of GBX 319.03 and a 200 day moving average price of GBX 321.37. Helical PLC has a 1-year low of GBX 247.75 and a 1-year high of GBX 360.00. The company’s market cap is GBX 364.83 million.
In other news, insider Michael Slade sold 41,704 shares of the business’s stock in a transaction on Friday, September 22nd. The shares were sold at an average price of GBX 319 ($4.23), for a total transaction of £133,035.76 ($176,463.40).
About Helical 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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