HICL Infrastructure (LON:HICL) Reaches New 12-Month High – Time to Buy?

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

Analysts Set New Price Targets

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

HICL Infrastructure Stock Up 1.4%

The stock’s fifty day moving average price is GBX 128.84 and its two-hundred day moving average price is GBX 122.22. The company has a market capitalization of £2.54 billion, a PE ratio of 9.83 and a beta of 0.51.

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