Free Trial

Hammond Power Solutions (HPS.A) Stock Forecast & Price Target

C$122.71
+1.24 (+1.02%)
(As of 05/23/2024 ET)

Hammond Power Solutions - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 1 Analyst Ratings

Consensus Price Target

C$165.50
34.87% Upside
High ForecastC$167.00
Average ForecastC$165.50
Low ForecastC$164.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Buy
Hold
N/AN/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A N/A
Buy
1 Buy rating(s)
0 Buy rating(s)
N/A N/A
Hold
0 Hold rating(s)
1 Hold rating(s)
N/A N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
N/A N/A
Consensus Price TargetC$165.50C$165.50C$63.25C$41.50
Forecasted Upside34.87% Upside8.40% Upside21.99% Upside14.89% Upside
Get Hammond Power Solutions Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for HPS.A and its competitors with MarketBeat's FREE daily newsletter.

HPS.A Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

HPS.A Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Hammond Power Solutions Stock vs. The Competition

TypeHammond Power SolutionsComputer and Technology Companies
Consensus Rating Score
3.00
2.59
Consensus RatingBuyModerate Buy
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/30/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeSector Perform ➝ Outperform
4/1/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$85.00 ➝ C$167.00+15.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:57 PM ET.

HPS.A Frequently Asked Questions

What is Hammond Power Solutions's stock forecast and purchase recommendation?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Hammond Power Solutions is C$165.50, with a high forecast of C$167.00 and a low forecast of C$164.00. The consensus rating for Hammond Power Solutions stock is Buy based on the current 1 buy rating for HPS.A. Learn more on HPS.A's analyst rating history.

Do Wall Street analysts like Hammond Power Solutions more than its competitors?

Analysts like Hammond Power Solutions more than other "computer and technology" companies. The consensus rating for Hammond Power Solutions is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how HPS.A compares to other companies.

Is Hammond Power Solutions being upgraded by Wall Street analysts?

Over the previous 90 days, Hammond Power Solutions's stock had 1 upgrade by analysts.

Does Hammond Power Solutions's stock price have much upside?

According to analysts, Hammond Power Solutions's stock has a predicted upside of 9.93% based on their 12-month stock forecasts.

What analysts cover Hammond Power Solutions?

Hammond Power Solutions has been rated by research analysts at Canaccord Genuity Group, and National Bankshares in the past 90 days.


Stock Forecasts and Research Tools

This page (TSE:HPS.A) was last updated on 5/23/2024 by MarketBeat.com Staff

From Our Partners