Jefferies Financial Group Reiterates Buy Rating for Harworth Group (LON:HWG)

Harworth Group (LON:HWG)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 170 price objective on the stock. Jefferies Financial Group’s target price indicates a potential upside of 18.72% from the stock’s current price.

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 200 price target on shares of Harworth Group in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Harworth Group presently has an average rating of “Buy” and a consensus target price of GBX 196.75.

Harworth Group Price Performance

Shares of LON:HWG traded up GBX 8.20 during trading on Wednesday, reaching GBX 143.20. 228,923 shares of the company traded hands, compared to its average volume of 534,199. The company’s 50 day moving average is GBX 126.29 and its two-hundred day moving average is GBX 143.60. The firm has a market capitalization of £465.71 million, a PE ratio of 51.14 and a beta of 0.53. The company has a quick ratio of 1.13, a current ratio of 457.81 and a debt-to-equity ratio of 24.93. Harworth Group has a 52 week low of GBX 116.80 and a 52 week high of GBX 190.

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.