Hammond Power Solutions (TSE:HPS) Upgraded to Strong-Buy at Acumen Capital

Acumen Capital upgraded shares of Hammond Power Solutions (TSE:HPSFree Report) to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.

Separately, Royal Bank Of Canada upgraded Hammond Power Solutions to a “moderate buy” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

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Hammond Power Solutions Company Profile

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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. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody’s or Standard & Poor’s. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S.

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