Numis Securities Ltd Reaffirms Buy Rating for Helical Bar plc (HLCL)

Numis Securities Ltd reissued their buy rating on shares of Helical Bar plc (LON:HLCL) in a research report sent to investors on Tuesday morning. They currently have a GBX 481 ($6.28) price objective on the stock.

Separately, JPMorgan Chase & Co. lowered Helical Bar plc to a neutral rating and cut their target price for the stock from GBX 540 ($7.05) to GBX 320 ($4.18) in a research report on Tuesday, September 6th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of GBX 439.40 ($5.74).

Analyst Recommendations for Helical Bar plc (LON:HLCL)

Shares of Helical Bar plc (LON:HLCL) opened at 271.75 on Tuesday. Helical Bar plc has a 12-month low of GBX 228.00 and a 12-month high of GBX 475.50. The stock has a 50 day moving average price of GBX 286.31 and a 200 day moving average price of GBX 332.38. The stock’s market capitalization is GBX 310.56 million.

In other Helical Bar plc news, insider Bonning-Snook,Matthew bought 477 shares of the stock in a transaction dated Monday, September 12th. The stock was bought at an average cost of GBX 282 ($3.68) per share, for a total transaction of £1,345.14 ($1,755.83). Also, insider Cotton ,Richard bought 15,000 shares of the stock in a transaction dated Thursday, July 7th. The shares were acquired at an average price of GBX 234 ($3.05) per share, with a total value of £35,100 ($45,816.47).

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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