Hammond Power Solutions Inc. (TSE:HPS.A – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$129.56 and traded as high as C$137.87. Hammond Power Solutions shares last traded at C$136.72, with a volume of 25,971 shares traded.
Analysts Set New Price Targets
A number of equities research analysts recently commented on HPS.A shares. National Bankshares increased their price objective on shares of Hammond Power Solutions from C$170.00 to C$175.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Canaccord Genuity Group raised their price target on shares of Hammond Power Solutions from C$167.00 to C$169.00 and gave the stock a “buy” rating in a research note on Monday, July 29th. Finally, Acumen Capital raised their price target on shares of Hammond Power Solutions from C$156.00 to C$160.00 and gave the stock a “buy” rating in a research note on Tuesday, September 24th.
Get Our Latest Stock Analysis on Hammond Power Solutions
Hammond Power Solutions Price Performance
Hammond Power Solutions Company Profile
Hammond Power Solutions Inc, together with its subsidiaries, designs, manufactures, and sells dry-type, cast resin, and liquid filled transformers, as well as wound magnetic products for the electrical and related industries. The company provides control and automation products, including molded machine tool industrial control, industrial open core and coil control, general purpose enclosed, encapsulated control, and energy efficient drive isolation transformers, as well as reactors, DV/DT filters, and motor starting autotransformers.
Featured Articles
- Five stocks we like better than Hammond Power Solutions
- What Are Dividend Contenders? Investing in Dividend Contenders
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- What Investors Need to Know About Upcoming IPOs
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Comparing and Trading High PE Ratio Stocks
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Hammond Power Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hammond Power Solutions and related companies with MarketBeat.com's FREE daily email newsletter.