Severfield (LON:SFR) Earns Buy Rating from Jefferies Financial Group

Severfield (LON:SFR)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a report released on Tuesday,London Stock Exchange reports. They currently have a GBX 40 target price on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 40.85% from the company’s current price.

Severfield Trading Up 2.2%

SFR stock traded up GBX 0.60 during mid-day trading on Tuesday, reaching GBX 28.40. The company had a trading volume of 2,168,261 shares, compared to its average volume of 397,097. The company has a market capitalization of £83.86 million, a PE ratio of -5.50 and a beta of 0.93. The firm has a 50 day moving average of GBX 26.60 and a 200 day moving average of GBX 27.70. Severfield has a 12 month low of GBX 21.30 and a 12 month high of GBX 40.60. The company has a debt-to-equity ratio of 41.67, a current ratio of 1.06 and a quick ratio of 0.98.

About Severfield

Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and Europe and a reputation for performance and innovation.

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.