Today Helical Bar PLC (LON:HLCL) Has Been Upgraded by JP Morgan Cazenove to a Overweight


Helical Bar PLC (LON:HLCL) Stock Upgrade

Helical Bar PLC (LON:HLCL) was just upgraded by JP Morgan Cazenove to a respectable Overweight rating in an analyst note issued to clients on Wednesday morning. The firm currently has a GBX 540.00 target price per share on the shares. This target is 16.88% from HLCL’s current share price.

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 7.45% above today’s (GBX 462) stock price. Helical Bar was the topic of 18 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on December 3 with “Buy” 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.

The stock decreased 0.86% or GBX 4 on December 15, striking GBX 462. Approximately 288,593 shares of stock traded hands or 208.86% up from the average. Helical Bar plc (LON:HLCL) has risen 10.26% since May 19, 2015 and is uptrending. It has outperformed by 13.94% the S&P500.

 Today Helical Bar PLC (LON:HLCL) Has Been Upgraded by JP Morgan Cazenove to a Overweight

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 532.61 million GBP. The Company’s divisions include Investment properties and Developments. It has 4.89 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.