Hammond Power Solutions Inc. (TSE:HPS.A – Get Free Report)’s share price was down 11% during trading on Wednesday . The company traded as low as C$129.43 and last traded at C$129.66. Approximately 77,105 shares changed hands during trading, a decline of 0% from the average daily volume of 77,229 shares. The stock had previously closed at C$145.61.
Analyst Ratings Changes
A number of analysts have issued reports on the company. National Bankshares raised their target price on Hammond Power Solutions from C$164.00 to C$170.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 27th. Acumen Capital lifted their price target on Hammond Power Solutions from C$156.00 to C$160.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Canaccord Genuity Group lifted their price target on Hammond Power Solutions from C$167.00 to C$169.00 and gave the company a “buy” rating in a research report on Monday, July 29th.
View Our Latest Research Report on HPS.A
Hammond Power Solutions Stock Performance
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.
Further Reading
- Five stocks we like better than Hammond Power Solutions
- What Are Dividend Challengers?
- Analyst Think There’s Still Time to Get in on Edgewise, Up 332%
- Buy P&G Now, Before It Sets A New All-Time High
- 3 Stocks Raising Dividends 4X Higher Than Inflation
- How to Effectively Use the MarketBeat Ratings Screener
- Palantir Stock Joins the S&P 500; Is It Time to Buy?
Receive News & Ratings for Hammond Power Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hammond Power Solutions and related companies with MarketBeat.com's FREE daily email newsletter.