Thales S.A. (OTCMKTS:THLLY) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Thales S.A. (OTCMKTS:THLLY – Get Rating) have been given a consensus recommendation of “Buy” by the nine research firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $118.50.

Several research analysts have weighed in on THLLY shares. Societe Generale lowered Thales from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th. Morgan Stanley lowered Thales from an “overweight” rating to an “equal weight” rating in a report on Wednesday, April 20th. The Goldman Sachs Group began coverage on Thales in a report on Monday, June 13th. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on Thales from €110.00 ($114.58) to €137.00 ($142.71) and gave the stock a “buy” rating in a report on Tuesday, April 12th. Finally, Jefferies Financial Group raised Thales from a “hold” rating to a “buy” rating in a report on Tuesday, March 1st.

Shares of OTCMKTS THLLY traded down $0.13 during midday trading on Friday, hitting $23.48. The company had a trading volume of 39,373 shares, compared to its average volume of 112,726. Thales has a twelve month low of $15.69 and a twelve month high of $27.94. The business has a 50-day simple moving average of $25.17 and a two-hundred day simple moving average of $21.90.

The firm also recently disclosed a dividend, which was paid on Friday, June 10th. Investors of record on Monday, May 16th were given a dividend of $0.3112 per share. The ex-dividend date of this dividend was Friday, May 13th. This represents a dividend yield of 1.68%.

Thales Company Profile (Get Rating)

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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