Hammond Power Solutions (TSE:HPS.A) Rating Increased to Outperform at National Bankshares

Hammond Power Solutions (TSE:HPS.A) was upgraded by equities research analysts at National Bankshares from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, BayStreet.CA reports.

Separately, Canaccord Genuity Group boosted their price target on shares of Hammond Power Solutions from C$85.00 to C$167.00 in a research report on Monday, April 1st.

Hammond Power Solutions Stock Performance

Shares of HPS.A stock opened at C$103.78 on Tuesday. Hammond Power Solutions has a 12 month low of C$39.55 and a 12 month high of C$160.51. The company has a market cap of C$947.51 million, a P/E ratio of 20.07 and a beta of 0.71. The company has a current ratio of 1.97, a quick ratio of 1.06 and a debt-to-equity ratio of 14.88. The firm has a fifty day moving average price of C$129.66 and a 200 day moving average price of C$98.58.

Hammond Power Solutions Company Profile

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.