Harworth Group (LON:HWG) Given New GBX 187 Price Target at Berenberg Bank

Harworth Group (LON:HWG) had its price objective lowered by Berenberg Bank from GBX 195 to GBX 187 in a research report report published on Thursday, MarketBeat Ratings reports. Berenberg Bank currently has a hold rating on the stock.

Several other equities analysts also recently issued reports on the company. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price objective on shares of Harworth Group in a research report on Wednesday, August 5th. Jefferies Financial Group restated a “hold” rating and set a GBX 180 target price on shares of Harworth Group in a report on Friday, September 25th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 195.50.

Harworth Group Price Performance

LON:HWG opened at GBX 187 on Thursday. The firm has a market cap of £607.42 million, a PE ratio of -23.67 and a beta of 0.57. Harworth Group has a 12 month low of GBX 116.80 and a 12 month high of GBX 195. The company has a quick ratio of 1.13, a current ratio of 441.42 and a debt-to-equity ratio of 29.88. The company’s 50-day moving average price is GBX 176.29 and its two-hundred day moving average price is GBX 148.07.

Harworth Group (LON:HWG) last posted its quarterly earnings data on Wednesday, September 9th. The company reported GBX (7.80) earnings per share for the quarter. Harworth Group had a negative return on equity of 3.74% and a negative net margin of 20.56%. On average, equities analysts anticipate that Harworth Group will post 15.3212521 EPS for the current fiscal year.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information.