Harworth Group’s (HWG) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Harworth Group (LON:HWG) in a research note published on Friday morning,Digital Look reports. The brokerage currently has a GBX 180 price objective on the stock.

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

Harworth Group Trading Up 5.1%

HWG opened at GBX 187 on Friday. The company has a debt-to-equity ratio of 29.88, a quick ratio of 1.13 and a current ratio of 441.42. Harworth Group has a one year low of GBX 116.80 and a one year high of GBX 195. The company has a market cap of £608.17 million, a P/E ratio of 66.79 and a beta of 0.57. The business’s 50-day simple moving average is GBX 165.67 and its 200-day simple moving average is GBX 146.59.

Harworth Group (LON:HWG) last posted its earnings results 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%. As a group, equities research analysts expect that Harworth Group will post 15.3212521 EPS 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.