Helical PLC 14.1% potential upside indicated by JP Morgan

Helical PLC with ticker (LON:HLCL) now has a potential upside of 14.1% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 520 GBX for the company, which when compared to the Helical PLC share price of 447 GBX at opening today (25/11/2021) indicates a potential upside of 14.1%. Trading has ranged between 332 (52 week low) and 513 (52 week high) with an average of 94,235 shares exchanging hands daily. The market capitalisation at the time of writing is £541,901,522.

Helical plc, formerly Helical Bar plc, is a property investment and development company. The Company’s segments include Investment properties and Developments. The Company’s Investment properties segment includes the properties, which are owned or leased by the Company for long-term income and for capital appreciation, and trading properties, which are owned or leased with the intention to sell. The Company’s Developments segment includes sites, developments in the course of construction, completed developments available for sale and pre-sold developments and interests. The Company’s portfolio is primarily targeted towards London. The Company’s development properties include London offices, London residential, regional offices, regional retail, retirement villages and land. Its investment properties include London offices, retirement villages, regional retail, regional industrial/logistics, regional offices and land. The Company operates in London and Manchester offices.