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

Harworth Group (LON:HWG)‘s stock had its “hold” rating reaffirmed by investment analysts at Jefferies Financial Group in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 180 price target on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 3.74% from the stock’s previous close.

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

Harworth Group Price Performance

Harworth Group stock traded up GBX 9 during mid-day 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 one year low of GBX 116.80 and a one year high of GBX 195. The company has a current ratio of 441.42, a quick ratio of 1.13 and a debt-to-equity ratio of 29.88. The firm has a market capitalization of £608.17 million, a P/E ratio of 66.79 and a beta of 0.57. The firm’s 50 day moving average is GBX 165.67 and its 200 day moving average is GBX 146.73.

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

Harworth Group Company Profile

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.