Hammond Power Solutions (TSE:HPS.A) Given New C$167.00 Price Target at Canaccord Genuity Group

Hammond Power Solutions (TSE:HPS.AFree Report) had its target price lifted by Canaccord Genuity Group from C$85.00 to C$167.00 in a research note published on Monday morning, BayStreet.CA reports.

Hammond Power Solutions Stock Up 1.0 %

TSE:HPS.A opened at C$146.46 on Monday. Hammond Power Solutions has a 52 week low of C$34.82 and a 52 week high of C$148.12. The stock’s fifty day moving average is C$111.11 and its two-hundred day moving average is C$84.86. The stock has a market capitalization of C$1.34 billion, a price-to-earnings ratio of 28.33 and a beta of 0.71. The company has a quick ratio of 1.06, a current ratio of 1.97 and a debt-to-equity ratio of 14.88.

About Hammond Power Solutions

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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.

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