Thales S.A. (OTCMKTS:THLLY) Given Average Recommendation of “Buy” by Analysts

Shares of Thales S.A. (OTCMKTS:THLLY – Get Rating) have been given an average rating of “Buy” by the nine ratings firms that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $118.50.

THLLY has been the subject of a number of recent research reports. The Goldman Sachs Group assumed coverage on Thales in a research note on Monday, June 13th. They issued a “buy” rating for the company. Deutsche Bank Aktiengesellschaft boosted their target price on Thales from €110.00 ($114.58) to €137.00 ($142.71) and gave the company a “buy” rating in a research note on Tuesday, April 12th. Societe Generale lowered Thales from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th. Jefferies Financial Group raised Thales from a “hold” rating to a “buy” rating in a research report on Tuesday, March 1st. Finally, Morgan Stanley lowered Thales from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, April 20th.

THLLY stock traded down $0.13 during mid-day trading on Friday, hitting $23.48. 39,373 shares of the stock were exchanged, compared to its average volume of 112,726. The business has a fifty day moving average price of $25.17 and a 200 day moving average price of $21.90. Thales has a 12 month low of $15.69 and a 12 month high of $27.94.

The business also recently declared a dividend, which was paid on Friday, June 10th. Investors of record on Monday, May 16th were paid a $0.3112 dividend. The ex-dividend date of this dividend was Friday, May 13th. This represents a dividend yield of 1.68%.

Thales Company Profile (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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