Helical (LON:HLCL) Price Target Cut to GBX 212 by Analysts at Berenberg Bank

Helical (LON:HLCL) had its price objective cut by equities researchers at Berenberg Bank from GBX 216 to GBX 212 in a note issued to investors on Friday, London Stock Exchange reports. The brokerage currently has a “hold” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 11.76% from the company’s current price.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 270 price objective on shares of Helical in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 241.

Helical Stock Up 1.7%

HLCL stock opened at GBX 189.69 on Friday. Helical has a 1-year low of GBX 180.60 and a 1-year high of GBX 236.25. The business has a fifty day moving average price of GBX 198.25 and a 200-day moving average price of GBX 192.15. The company has a debt-to-equity ratio of 41.20, a current ratio of 137.30 and a quick ratio of 2.59. The stock has a market capitalization of £215.98 million, a P/E ratio of 39.27, a P/E/G ratio of 0.43 and a beta of 0.92.

About Helical

Helical is a central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge.

Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London’s leading development specialists.