Harworth Group (LON:HWG) Stock Keeps “Hold” Rating at Jefferies Financial Group

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

HWG has been the topic of a number of other research reports. Berenberg Bank lowered their target price on shares of Harworth Group from GBX 202 to GBX 195 and set a “buy” rating on the stock in a research note on Tuesday. Peel Hunt reissued a “buy” rating and set a GBX 200 price target on shares of Harworth Group in a report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Harworth Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 197.50.

Harworth Group Stock Performance

Harworth Group stock traded up GBX 9 during midday trading on Friday, hitting GBX 187. The stock had a trading volume of 27,738,293 shares, compared to its average volume of 715,917. Harworth Group has a 52-week low of GBX 116.80 and a 52-week high of GBX 195. The company has a market capitalization of £608.17 million, a PE ratio of 66.79 and a beta of 0.57. The firm’s fifty day moving average is GBX 165.67 and its two-hundred day moving average is GBX 146.73. The company has a current ratio of 441.42, a quick ratio of 1.13 and a debt-to-equity ratio of 29.88.

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