HICL Infrastructure (LON:HICL) Reaches New 52-Week High – Here’s What Happened

HICL Infrastructure PLC (LON:HICL)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 135.80 and last traded at GBX 135.80, with a volume of 3453363 shares. The stock had previously closed at GBX 134.20.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of HICL Infrastructure in a report on Thursday, May 28th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, HICL Infrastructure currently has a consensus rating of “Hold”.

HICL Infrastructure Stock Performance

The stock has a market cap of £2.54 billion, a P/E ratio of 9.84 and a beta of 0.51. The firm’s fifty day simple moving average is GBX 127.84 and its 200-day simple moving average is GBX 121.68.

HICL Infrastructure (LON:HICL) last posted its quarterly earnings data on Wednesday, May 27th. The company reported GBX 13.80 earnings per share for the quarter. The company had revenue of £277.50 million during the quarter. HICL Infrastructure had a net margin of 96.11% and a return on equity of 8.83%. Analysts predict that HICL Infrastructure PLC will post 12.4000007 earnings per share for the current fiscal year.

About HICL Infrastructure

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.