Hammond Power Solutions (TSE:HPS.A) Given New C$170.00 Price Target at National Bankshares

Hammond Power Solutions (TSE:HPS.A) had its target price raised by National Bankshares from C$164.00 to C$170.00 in a research note issued to investors on Tuesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Canaccord Genuity Group lifted their price objective on shares of Hammond Power Solutions from C$167.00 to C$169.00 and gave the company a buy rating in a research note on Monday, July 29th.

Hammond Power Solutions Stock Performance

TSE:HPS.A opened at C$120.00 on Tuesday. The company has a market capitalization of C$1.10 billion, a PE ratio of 21.66 and a beta of 0.84. Hammond Power Solutions has a fifty-two week low of C$46.99 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. The company has a 50 day simple moving average of C$108.39 and a two-hundred day simple moving average of C$116.59.

About Hammond Power Solutions

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.