Hammond Power Solutions (TSE:HPS.A) Given New C$140.00 Price Target at National Bankshares

Hammond Power Solutions (TSE:HPS.A) had its price objective lowered by National Bankshares from C$170.00 to C$140.00 in a research report sent to investors on Monday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, Acumen Capital decreased their price objective on Hammond Power Solutions from C$160.00 to C$148.00 and set a “buy” rating on the stock in a report on Monday.

Hammond Power Solutions Trading Up 4.0 %

Shares of HPS.A stock opened at C$89.39 on Monday. The business has a 50-day moving average price of C$95.40 and a two-hundred day moving average price of C$118.82. Hammond Power Solutions has a 12-month low of C$73.98 and a 12-month high of C$160.51. The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 10.76. The firm has a market cap of C$816.13 million, a P/E ratio of 16.14 and a beta of 0.84.

Hammond Power Solutions Company Profile

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India.