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HICL Infra Co Shs GBP (HICL) Receives a Buy from RBC Capital

RBC Capital analyst Alexander Wheeler maintained a Buy rating on HICL Infra Co Shs GBP (HICL – Research Report) on May 21 and set a price target of p155.00. The company's shares closed yesterday at p114.00. Confident Investing Starts Here: According to TipRanks, Wheeler is a 3-star analyst with an average return of 1.6% and a 47.95% success rate. Currently, the analyst consensus on HICL Infra Co Shs GBP is a Moderate Buy with an average price target of p160.00. Based on HICL Infra Co Shs GBP's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p47.2 million and a net profit of p45 million. In comparison, last year the company had a GAAP net loss of p27.6 million Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HICL in relation to earlier this year.