Jefferies Financial Group Reaffirms “Hold” Rating for Harworth Group (LON:HWG)

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

A number of other equities analysts also recently commented on HWG. Peel Hunt reissued a “buy” rating and set a GBX 200 price objective on shares of Harworth Group in a research report on Wednesday, August 5th. Berenberg Bank reduced their target price on shares of Harworth Group from GBX 202 to GBX 195 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Harworth Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 197.50.

Harworth Group Stock Performance

LON:HWG opened at GBX 187 on Friday. Harworth Group has a 12-month low of GBX 116.80 and a 12-month high of GBX 195. The firm has a market cap of £608.17 million, a PE ratio of 66.79 and a beta of 0.57. 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 stock has a fifty day moving average price of GBX 165.67 and a 200 day moving average price of GBX 146.59.

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 return on equity of 3.74% and a negative net margin of 20.56%. Sell-side analysts anticipate 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.