Helical Bar plc (HLCL) Receives Buy Rating from Numis Securities Ltd
Helical Bar plc (LON:HLCL)‘s stock had its “buy” rating reiterated by stock analysts at Numis Securities Ltd in a report released on Thursday. They presently have a GBX 466 ($5.78) target price on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 60.69% from the stock’s current price.
HLCL has been the subject of a number of other research reports. Peel Hunt reaffirmed an “add” rating on shares of Helical Bar plc in a research note on Monday, November 7th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 320 ($3.97) target price on shares of Helical Bar plc in a research report on Friday, November 25th.
Shares of Helical Bar plc (LON:HLCL) opened at 294.0625 on Thursday. The firm’s market capitalization is GBX 336.06 million. The company has a 50 day moving average of GBX 268.13 and a 200-day moving average of GBX 299.90. Helical Bar plc has a 12 month low of GBX 228.00 and a 12 month high of GBX 475.50.
The company also recently declared a dividend, which will be paid on Friday, December 30th. Stockholders of record on Thursday, December 1st will be issued a dividend of GBX 2.40 ($0.03) per share. This is a boost from Helical Bar plc’s previous dividend of $0.72. This represents a dividend yield of 0.83%. The ex-dividend date is Thursday, December 1st.
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In related news, insider Duncan Walker acquired 1,817 shares of the business’s stock in a transaction that occurred on Thursday, November 24th. The shares were bought at an average cost of GBX 274 ($3.40) per share, with a total value of £4,978.58 ($6,176.13). Also, insider Bonning-Snook,Matthew acquired 477 shares of the business’s stock in a transaction that occurred on Monday, September 12th. The stock was bought at an average cost of GBX 282 ($3.50) per share, for a total transaction of £1,345.14 ($1,668.70).
About Helical Bar plc
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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