Harworth Group (LON:HWG) Insider Buys £149.73 in Stock

Harworth Group plc (LON:HWG) insider Chris Birch acquired 93 shares of the business’s stock in a transaction dated Monday, February 16th. The stock was bought at an average cost of GBX 161 per share, with a total value of £149.73.

Chris Birch also recently made the following trade(s):

• On Thursday, January 15th, Chris Birch bought 89 shares of Harworth Group stock. The shares were purchased at an average price of GBX 168 per share, for a total transaction of £149.52.
• On Monday, November 24th, Chris Birch sold 0 shares of Harworth Group stock. The stock was sold at an average price of GBX 161, for a total transaction of GBX 0.

Harworth Group Stock Performance

Shares of HWG stock opened at GBX 166.50 on Friday. The company has a fifty day moving average price of GBX 164.47 and a two-hundred day moving average price of GBX 167.28. Harworth Group plc has a one year low of GBX 158 and a one year high of GBX 190.50. The stock has a market cap of £539.83 million, a P/E ratio of 10.61 and a beta of 0.74. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13.

Wall Street Analyst Weigh In

Several analysts have issued reports on HWG shares. Berenberg Bank upped their price objective on Harworth Group from GBX 201 to GBX 202 and gave the company a “buy” rating in a research note on Monday, January 26th. Jefferies Financial Group increased their price target on Harworth Group from GBX 210 to GBX 212 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 215 price target on shares of Harworth Group in a report on Monday, January 19th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 209.75.

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.