HgCapital Trust (LON:HGT) had its price target increased by Canaccord Genuity from GBX 2,050 ($28.32) to GBX 2,085 ($28.81) in a research note issued to investors on Tuesday morning. They currently have a buy rating on the investment trust’s stock.
Shares of HgCapital Trust (LON HGT) opened at GBX 17.53 ($0.24) on Tuesday. HgCapital Trust has a one year low of GBX 1,476.45 ($20.40) and a one year high of GBX 1,813.34 ($25.05). The stock has a market cap of $649.45 and a price-to-earnings ratio of 5.09.
The business also recently declared a dividend, which will be paid on Friday, April 27th. Stockholders of record on Thursday, March 29th will be paid a GBX 30 ($0.41) dividend. The ex-dividend date of this dividend is Thursday, March 29th. This is an increase from HgCapital Trust’s previous dividend of $16.00. This represents a dividend yield of 1.67%.
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HgCapital Trust plc is an investment trust company. The Company’s investment objective is to provide shareholders with consistent long-term capital appreciation in excess of the Financial Times and the London Stock Exchange (FTSE) All-Share Index by investing in unquoted companies. It invests primarily in technology and technology-enabled services across Europe.
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