Helical Bar PLC (LON:HLCL) Rating Reaffirmed
London: In an interesting research report distributed to Clients on Friday morning, JP Morgan Cazenove has decided to reaffirm their Neutral rating on Helical Bar PLC (LON:HLCL) shares. They now have a GBX 480.00 target price on the firm. JP Morgan Cazenove’s target indicates a potential upside of 7.02% from the company’s stock close price.
From a total of 5 analysts covering Helical Bar (LON:HLCL) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is GBX 501 while the lowest target price is GBX 450. The mean of all analyst targets is GBX 486.20 with a 8.41% above today’s (GBX 448.5) stock price. Helical Bar was the topic of 17 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 27 with “Neutral” rating. Peel Hunt maintained HLCL stock in a recent report from November 26 with “Hold” rating. Finally, Stifel Nicolaus maintained the stock with “Buy” rating in a report issued on an October 13.
Approximately 284 shares of stock traded hands. Helical Bar plc (LON:HLCL) has risen 15.38% since April 30, 2015 and is uptrending. It has outperformed by 16.75% the S&P500.
Helical Bar plc is a property investment and development company, which operates across various sectors of the property industry. The company has a market cap of 513.80 million GBP. The Company’s divisions include Investment properties and Developments. It has 7.37 P/E ratio. Investment properties are owned or 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.