Panmure Gordon Reiterates “Buy” Rating for Severfield (LON:SFR)

Severfield (LON:SFR)‘s stock had its “buy” rating reiterated by analysts at Panmure Gordon in a note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 48 price target on the stock. Panmure Gordon’s price target indicates a potential upside of 65.52% from the stock’s previous close.

Severfield Stock Down 0.7%

SFR traded down GBX 0.20 during trading hours on Tuesday, hitting GBX 29. 368,998 shares of the company’s stock were exchanged, compared to its average volume of 890,941. The stock has a market cap of £85.63 million, a price-to-earnings ratio of -6.22 and a beta of 0.80. Severfield has a 1-year low of GBX 18.30 and a 1-year high of GBX 57.60. The stock’s 50-day moving average is GBX 29.20 and its two-hundred day moving average is GBX 32.16. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 19.24.

Severfield (LON:SFR) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported GBX 0.19 EPS for the quarter. Severfield had a net margin of 3.43% and a return on equity of 7.24%. Sell-side analysts predict that Severfield will post 8.9704209 earnings per share for the current fiscal year.

Severfield Company Profile

Operating on an international scale, Severfield is widely recognised for its iconic structures, engineering excellence and unparalleled customer service.

We have the design, experience and engineering skills to serve a diverse range of market sectors, from education and hospitals to bridges and commercial offices.

We approach every project, from the highly technical to basic structural work, with the same level of safety, professionalism, commitment, care and customer service.
Our people make Severfield the success story it is today.