Berenberg Bank Issues Pessimistic Forecast for Helical (LON:HLCL) Stock Price

Helical (LON:HLCL) had its price objective lowered by analysts at Berenberg Bank from GBX 216 to GBX 212 in a research report issued to clients and investors on Friday, London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 11.76% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 270 price objective on shares of Helical in a report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 241.

Helical Stock Up 1.7%

Shares of Helical stock opened at GBX 189.69 on Friday. 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 company has a 50-day moving average of GBX 198.25 and a 200 day moving average of GBX 192.15. The firm has a market cap of £215.98 million, a price-to-earnings ratio of 39.27, a PEG ratio of 0.43 and a beta of 0.92. Helical has a 1 year low of GBX 180.60 and a 1 year high of GBX 236.25.

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.