Helios Towers (LON:HTWS) Earns Buy Rating from Berenberg Bank


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Berenberg Bank reissued their buy rating on shares of Helios Towers (LON:HTWS) in a research report report published on Wednesday morning, Digital Look reports. Berenberg Bank currently has a GBX 203 ($2.65) price objective on the stock.

Separately, JPMorgan Chase & Co. increased their target price on Helios Towers from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the company an overweight rating in a research report on Monday, April 12th.

Shares of LON HTWS opened at GBX 171.80 ($2.24) on Wednesday. The company has a current ratio of 3.06, a quick ratio of 2.82 and a debt-to-equity ratio of 860.40. The stock has a market capitalization of £1.72 billion and a PE ratio of -58.83. The stock’s fifty day simple moving average is GBX 163.42 and its two-hundred day simple moving average is GBX 159.46. Helios Towers has a 12-month low of GBX 118.40 ($1.55) and a 12-month high of GBX 223.85 ($2.92).

In other Helios Towers news, insider Tom Greenwood acquired 14,519 shares of the firm’s stock in a transaction dated Thursday, March 18th. The stock was purchased at an average price of GBX 152 ($1.99) per share, for a total transaction of £22,068.88 ($28,833.13).

About Helios Towers

Helios Towers plc, an independent tower company, builds, acquires, and operates telecommunications towers and related passive infrastructure. It provides site space to mobile network operators and other telecommunications providers that in turn provide wireless voice and data services to consumers and businesses.

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