Peel Hunt Reaffirms Buy Rating for Helical (HLCL)

Helical (LON:HLCL)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a research report issued on Tuesday. They currently have a GBX 380 ($5.11) target price on the stock. Peel Hunt’s price target suggests a potential upside of 26.35% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Numis Securities reaffirmed a “buy” rating and issued a GBX 469 ($6.31) price objective on shares of Helical in a research note on Tuesday, November 14th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 375 ($5.05) target price on shares of Helical in a research report on Thursday, November 16th. Finally, reiterated a “buy” rating and issued a GBX 469 ($6.31) target price on shares of Helical in a research report on Tuesday, November 14th.

Helical (HLCL) opened at GBX 300.75 ($4.05) on Tuesday. Helical has a 52 week low of GBX 280 ($3.77) and a 52 week high of GBX 360 ($4.85).

In other Helical news, insider Michael Slade sold 85,000 shares of the stock in a transaction that occurred on Thursday, November 23rd. The shares were sold at an average price of GBX 301 ($4.05), for a total value of £255,850 ($344,347.24).

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Helical Company Profile

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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