Harworth Group (LON:HWG) Earns Hold Rating from Jefferies Financial Group

Harworth Group (LON:HWG)‘s stock had its “hold” rating reissued by Jefferies Financial Group in a report issued on Friday, September 25th, Digital Look reports. They currently have a GBX 180 price objective on the stock. Jefferies Financial Group’s price target would suggest a potential downside of 3.74% from the stock’s current price.

Other research analysts also recently issued research reports about the company. Berenberg Bank reduced their price target on Harworth Group from GBX 202 to GBX 195 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. Peel Hunt reaffirmed a “buy” rating and issued a GBX 200 price target on shares of Harworth Group in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Harworth Group presently has an average rating of “Moderate Buy” and an average target price of GBX 197.50.

Harworth Group Price Performance

LON HWG remained flat at GBX 187 during trading on Friday. The company’s stock had a trading volume of 4,277,075 shares, compared to its average volume of 876,125. The company has a debt-to-equity ratio of 29.88, a current ratio of 441.42 and a quick ratio of 1.13. The company has a market capitalization of £608.17 million, a PE ratio of 66.79 and a beta of 0.57. The stock has a 50 day moving average of GBX 170.39 and a two-hundred day moving average of GBX 147.18. Harworth Group has a fifty-two week low of GBX 116.80 and a fifty-two week high of GBX 195.

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