Jefferies Financial Group Cuts Severfield (LON:SFR) Price Target to GBX 40

Severfield (LON:SFR) had its price objective decreased by stock analysts at Jefferies Financial Group from GBX 41 to GBX 40 in a report released on Thursday,Digital Look reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 49.67% from the company’s previous close.

Severfield Price Performance

SFR stock opened at GBX 26.73 on Thursday. The company has a debt-to-equity ratio of 41.67, a current ratio of 1.06 and a quick ratio of 0.99. Severfield has a 1 year low of GBX 19.55 and a 1 year high of GBX 41.13. The firm has a 50-day moving average of GBX 27.94 and a 200 day moving average of GBX 28.51. The company has a market cap of £78.91 million, a P/E ratio of -5.18 and a beta of 0.82.

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.