Shares of Thales S.A. (OTCMKTS:THLLY – Get Free Report) saw strong trading volume on Thursday. 85,857 shares were traded during mid-day trading, an increase of 17% from the previous session’s volume of 73,601 shares. The stock last traded at $52.92 and had previously closed at $53.94.
Analysts Set New Price Targets
Several analysts have recently weighed in on THLLY shares. Royal Bank Of Canada began coverage on shares of Thales in a research report on Tuesday, August 11th. They set a “moderate buy” rating on the stock. Citigroup reiterated a “buy” rating on shares of Thales in a research report on Tuesday, July 7th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Thales
Thales Price Performance
About Thales
Thales is a French technology company that develops systems and services for the aerospace, defense, transportation, digital identity and security markets. Its offerings include avionics, air traffic management systems, radar and communications equipment, satellite and space technologies, cybersecurity solutions, digital identity products, and secure communications systems.
The company serves government agencies, defense organizations, commercial airlines, airports, transportation operators, financial institutions and other businesses.
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