Thales S.A. (OTCMKTS:THLLY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Thales S.A. (OTCMKTS:THLLY) has received a consensus rating of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada initiated coverage on Thales in a report on Tuesday, August 11th. They issued a “moderate buy” rating on the stock. Citigroup reiterated a “buy” rating on shares of Thales in a report on Tuesday, July 7th.

Thales Trading Down 2.5%

THLLY stock opened at $52.87 on Friday. The business has a 50-day simple moving average of $56.52 and a two-hundred day simple moving average of $55.71. Thales has a 52-week low of $48.75 and a 52-week high of $65.46.

About Thales

Thales is a French technology company that develops systems and services for the aerospace, defense, transportation, digital identity and security markets. Its offerings include avionics, air traffic management systems, radar and communications equipment, satellite and space technologies, cybersecurity solutions, digital identity products, and secure communications systems.

The company serves government agencies, defense organizations, commercial airlines, airports, transportation operators, financial institutions and other businesses.