Bullboard - Stock Discussion Forum Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s): HMDPF

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Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United... see more

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TSX:HPS.A - Post Discussion

Hammond Power Solutions Inc > Canaccord - big jump up , trailing stock

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Post by Possibleidiot01 on Mar 27, 2023 3:11pm

Canaccord - big jump up , trailing stock

Hammond Power Solutions (TSE:HPS.A) had its price target raised by analysts at Canaccord Genuity Group Inc. from C$29.00 to C$41.50. This represents a 14.8% upside from the current price of C$36.15.

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Comment by microcaphobby on Mar 27, 2023 4:24pm

It got a mention in today's Globe on-line edition.

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Comment by undervalue on Mar 27, 2023 5:24pm

Still seeing “significant growth opportunities ahead” after “supercharged” 2022 growth, Canaccord Genuity analyst Matthew Lee thinks the valuation for Hammond Power Solutions Inc. (HPS.A-T) “remains attractive given growth, balance sheet, and cash flow.” On March 9, the Guelph, Ont.-based manufacturer reported fourth-quarter consolidated revenue of $144.3-million, up 24 per cent year ...more

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