HICL Infrastructure (LON:HICL) Hits New 1-Year High – Still a Buy?

Shares of HICL Infrastructure PLC (LON:HICL) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 136.60 and last traded at GBX 136.60, with a volume of 2997799 shares changing hands. The stock had previously closed at GBX 133.80.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HICL Infrastructure in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

HICL Infrastructure Stock Performance

The firm has a market cap of £2.54 billion, a P/E ratio of 9.83 and a beta of 0.51. The business’s 50-day simple moving average is GBX 128.84 and its 200 day simple moving average is GBX 122.22.

HICL Infrastructure (LON:HICL) last posted its earnings results on Wednesday, May 27th. The company reported GBX 13.80 earnings per share for the quarter. HICL Infrastructure had a return on equity of 8.83% and a net margin of 96.11%.The company had revenue of £277.50 million for the quarter. As a group, equities research analysts expect that HICL Infrastructure PLC will post 12.4000007 EPS for the current year.

HICL Infrastructure Company Profile

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.