Hammond Power Solutions (TSE:HPS) Lifted to “Strong-Buy” at Acumen Capital

Hammond Power Solutions (TSE:HPS) was upgraded by Acumen Capital to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks.com reports.

Hammond Power Solutions Stock Performance

Hammond Power Solutions (TSE:HPS) last released its quarterly earnings results on Thursday, July 25th. The company reported C$1.98 EPS for the quarter, missing analysts’ consensus estimates of C$2.30 by C($0.32). The business had revenue of C$197.21 million during the quarter, compared to the consensus estimate of C$191.40 million.

Hammond Power Solutions Company Profile

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.