Harworth Group’s (HWG) “Buy” Rating Reaffirmed at Panmure Gordon

Harworth Group (LON:HWG)‘s stock had its “buy” rating reissued by equities research analysts at Panmure Gordon in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 215 price objective on the stock. Panmure Gordon’s price objective would suggest a potential upside of 30.30% from the stock’s previous close.

Separately, Jefferies Financial Group upped their target price on Harworth Group from GBX 210 to GBX 212 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 212.33.

Harworth Group Trading Down 0.3%

LON HWG traded down GBX 0.50 during mid-day trading on Monday, reaching GBX 165. 172,533 shares of the stock were exchanged, compared to its average volume of 103,601. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. The stock has a market cap of £534.96 million, a P/E ratio of 10.51 and a beta of 0.74. The stock has a 50 day simple moving average of GBX 163.85 and a 200-day simple moving average of GBX 170.84. Harworth Group has a one year low of GBX 158 and a one year high of GBX 190.50.

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.