Helical Bar (LON:HLCL) Rating Reaffirmed
Equities researchers at J.P. Morgan now has a GBX 540 Estimated Target Price on Helical Bar (LON:HLCL). J.P. Morgan and their recent Estimated Target Price suggests a potential upside of 14.77% from the company’s stock price. The rating has been announced to investors in a recent research report on 16 December.
From a total of 4 analysts covering Helical Bar (LON:HLCL) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 552 while the lowest target price is GBX 470. The mean of all analyst targets is GBX 500.5 with a 8.29% above today’s (GBX 469.5) stock price. Helical Bar was the topic of 19 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. JP Morgan upgraded shares on December 16 to “Overweight” rating. J.P. Morgan maintained HLCL stock in a recent report from November 26 with “Neutral” rating. Finally, Stifel Nicolaus maintained the stock with “Buy” rating in a report issued on an October 13.
Approximately 43,076 shares of stock traded hands. Helical Bar plc (LON:HLCL) has risen 10.26% since May 19, 2015 and is uptrending. It has outperformed by 12.89% 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 545.94 million GBP. The Company’s divisions include Investment properties and Developments. It has 4.97 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.