Berenberg Bank Lowers Helical (LON:HLCL) Price Target to GBX 270

Helical (LON:HLCL - Get Free Report) had its price target dropped by Berenberg Bank from GBX 278 ($3.55) to GBX 270 ($3.44) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm currently has a "buy" rating on the stock. Berenberg Bank's price target would indicate a potential upside of 43.92% from the stock's previous close.

Helical Stock Performance

Shares of HLCL traded down GBX 1.80 ($0.02) during mid-day trading on Tuesday, hitting GBX 187.60 ($2.39). 86,897 shares of the company's stock were exchanged, compared to its average volume of 148,472. The company has a quick ratio of 2.59, a current ratio of 3.44 and a debt-to-equity ratio of 57.82. Helical has a 52 week low of GBX 181 ($2.31) and a 52 week high of GBX 259 ($3.30). The stock's 50-day simple moving average is GBX 200.25 and its 200-day simple moving average is GBX 217.44. The firm has a market cap of £230.22 million, a price-to-earnings ratio of -121.03, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72.

Helical Company Profile

Helical plc engages in the development, investment, and rental of real estate properties in the United Kingdom. It operates through two segments: Investment and Development. The company's property portfolio includes multi-let offices, office refurbishments and developments, restaurant, retail, residential, and warehouse spaces.