Thales (OTCMKTS:THLLY) Cut to “Hold” at Rothschild & Co Redburn

Rothschild & Co Redburn lowered shares of Thales (OTCMKTS:THLLY) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks reports.

THLLY has been the subject of several other research reports. Citigroup restated a “buy” rating on shares of Thales in a research report on Tuesday, July 7th. Royal Bank Of Canada began coverage on shares of Thales in a research report on Tuesday, August 11th. They issued a “moderate buy” rating for the company. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Thales has a consensus rating of “Moderate Buy”.

Thales Stock Down 1.0%

THLLY stock opened at $49.33 on Wednesday. Thales has a 52 week low of $48.12 and a 52 week high of $64.14. The business has a 50-day simple moving average of $52.21 and a 200 day simple moving average of $55.65.

Thales Company Profile

Thales is a French technology company serving the aerospace, defense, transportation and digital security markets. Its business includes avionics and air traffic management systems, defense electronics and communications, cybersecurity solutions, and digital identity technologies.

The company also develops systems for rail transportation, including signaling and related infrastructure technologies. Its products and services support governments, defense organizations, airlines, transportation operators and businesses around the world.

Thales traces its origins to the late 19th century and adopted its current name in 2000, following its history as Thomson-CSF.