Numis Securities Ltd reaffirmed their buy rating on shares of Helical Bar plc (LON:HLCL) in a research note released on Tuesday. Numis Securities Ltd currently has a GBX 481 ($6.28) price objective on the stock.
Separately, JPMorgan Chase & Co. lowered Helical Bar plc to a neutral rating and cut their price target for the company from GBX 540 ($7.05) to GBX 320 ($4.18) in a report on Tuesday, September 6th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Helical Bar plc presently has a consensus rating of Hold and an average target price of GBX 439.40 ($5.74).
Helical Bar plc (LON:HLCL) opened at 270.50 on Tuesday. The company’s market capitalization is GBX 309.13 million. The company’s 50-day moving average price is GBX 286.07 and its 200 day moving average price is GBX 331.61. Helical Bar plc has a 52-week low of GBX 228.00 and a 52-week high of GBX 475.50.
In other Helical Bar plc news, insider Slade,Michael acquired 42,392 shares of the company’s stock in a transaction dated Monday, July 25th. The stock was purchased at an average price of GBX 273 ($3.56) per share, with a total value of £115,730.16 ($151,064.04). Also, insider Cotton ,Richard acquired 15,000 shares of the company’s stock in a transaction dated Thursday, July 7th. The stock was acquired at an average cost of GBX 234 ($3.05) per share, with a total value of £35,100 ($45,816.47).
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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