National Bankshares Boosts Hammond Power Solutions (TSE:HPS.A) Price Target to C$175.00

Hammond Power Solutions (TSE:HPS.A - Free Report) had its price target hoisted by National Bankshares from C$170.00 to C$175.00 in a report issued on Tuesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts have also recently issued reports on HPS.A. Canaccord Genuity Group upped their price objective on Hammond Power Solutions from C$167.00 to C$169.00 and gave the company a buy rating in a research note on Monday, July 29th. Acumen Capital raised their price objective on Hammond Power Solutions from C$156.00 to C$160.00 and gave the stock a buy rating in a research note on Tuesday, September 24th.

Hammond Power Solutions Trading Down 3.8 %

HPS.A stock traded down C$5.77 on Tuesday, hitting C$144.53. 67,401 shares of the company were exchanged, compared to its average volume of 77,374. The stock has a market capitalization of C$1.32 billion, a price-to-earnings ratio of 26.10 and a beta of 0.84. The business's fifty day moving average is C$126.10 and its two-hundred day moving average is C$120.88. The company has a debt-to-equity ratio of 10.76, a current ratio of 2.03 and a quick ratio of 1.06. Hammond Power Solutions has a twelve month low of C$54.01 and a twelve month high of C$160.51.

Hammond Power Solutions Company Profile

Hammond Power Solutions Inc, together with its subsidiaries, designs, manufactures, and sells dry-type, cast resin, and liquid filled transformers, as well as wound magnetic products for the electrical and related industries. The company provides control and automation products, including molded machine tool industrial control, industrial open core and coil control, general purpose enclosed, encapsulated control, and energy efficient drive isolation transformers, as well as reactors, DV/DT filters, and motor starting autotransformers.