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 trimmed by National Bankshares from C$170.00 to C$140.00 in a research note released on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

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

Hammond Power Solutions Price Performance

Shares of HPS.A stock opened at C$85.38 on Monday. The firm has a market cap of C$779.52 million, a P/E ratio of 15.41 and a beta of 0.84. The business’s 50 day moving average price is C$94.22 and its 200-day moving average price is C$118.46. Hammond Power Solutions has a fifty-two week low of C$73.98 and a fifty-two week high of C$160.51. The company has a debt-to-equity ratio of 10.76, a quick ratio of 1.06 and a current ratio of 2.03.

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.