Thales S.A. (OTCMKTS:THLLY) Receives Average Rating of “Buy” from Brokerages

Thales S.A. (OTCMKTS:THLLY – Get Rating) has received a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $118.50.

THLLY has been the subject of several analyst reports. Societe Generale lowered shares of Thales from a “buy” rating to a “hold” rating in a research note on Thursday, April 28th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Thales from €110.00 ($117.02) to €137.00 ($145.74) and gave the company a “buy” rating in a research report on Tuesday, April 12th. Jefferies Financial Group raised shares of Thales from a “hold” rating to a “buy” rating in a research report on Tuesday, March 1st. Finally, Morgan Stanley downgraded shares of Thales from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, April 20th.

OTCMKTS:THLLY traded up $0.69 on Tuesday, hitting $24.59. The stock had a trading volume of 52,586 shares, compared to its average volume of 125,118. Thales has a 1 year low of $15.69 and a 1 year high of $27.94. The firm’s fifty day simple moving average is $25.59 and its two-hundred day simple moving average is $21.11.

The firm also recently disclosed a dividend, which will be paid on Friday, June 10th. Investors of record on Monday, May 16th will be issued a $0.3112 dividend. This represents a yield of 1.68%. The ex-dividend date is Friday, May 13th.

About Thales (Get Rating)

Thales SA provides various solutions for civilian and military customers in the aeronautics, space, defense, security, ground transportation, and digital security markets worldwide. It operates through Aerospace, Transport, Defence & Security, and Digital Identity & Security segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.

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