Severfield PLC (SFR) Receives Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Severfield PLC (LON:SFR) in a report issued on Tuesday. The firm currently has a GBX 85 ($1.03) price objective on the stock.

Separately, N+1 Singer restated a buy rating and issued a GBX 98 ($1.19) price target on shares of Severfield PLC in a report on Wednesday, January 4th.

Shares of Severfield PLC (LON:SFR) remained flat at GBX 77.50 on Tuesday. 89,313 shares of the stock were exchanged. Severfield PLC has a 52 week low of GBX 43.00 and a 52 week high of GBX 78.50. The company’s market capitalization is GBX 231.34 million. The firm’s 50-day moving average is GBX 73.02 and its 200 day moving average is GBX 59.59.

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The firm also recently disclosed a dividend, which will be paid on Friday, January 13th. Stockholders of record on Thursday, December 15th will be issued a dividend of GBX 0.70 ($0.01) per share. This represents a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, December 15th.

In other news, insider Ian Lawson sold 170,721 shares of Severfield PLC stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of GBX 69 ($0.84), for a total transaction of £117,797.49 ($143,253.67).

Severfield PLC Company Profile

Severfield plc is a structural steelwork company in the United Kingdom, which is engaged in construction contract business. The Company serves the construction and infrastructure markets. Its construction sectors consist of commercial offices, industrial and distribution, stadia and leisure, retail, and data centers and other.

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