Thales (OTCMKTS:THLLY) Cut to Hold at Societe Generale

Societe Generale cut shares of Thales (OTCMKTS:THLLYGet Rating) from a buy rating to a hold rating in a report published on Thursday, The Fly reports.

THLLY has been the subject of a number of other research reports. JPMorgan Chase & Co. boosted their price target on Thales from €145.00 ($147.96) to €150.00 ($153.06) and gave the company an overweight rating in a research report on Friday, July 15th. The Goldman Sachs Group began coverage on Thales in a research report on Monday, June 13th. They set a buy rating for the company. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to, the company currently has a consensus rating of Moderate Buy and a consensus target price of $143.50.

Thales Price Performance

THLLY stock opened at $23.39 on Thursday. The stock has a 50-day moving average price of $24.63 and a two-hundred day moving average price of $24.76. Thales has a 12-month low of $15.69 and a 12-month high of $27.94.

Thales Company Profile

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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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