Thales S.A. (OTCMKTS:THLLY – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $51.57, but opened at $54.41. Thales shares last traded at $55.03, with a volume of 1,998 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research raised Thales to a “hold” rating in a research report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on Thales
Thales Trading Up 6.4%
About Thales
Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.
In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.
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