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

Severfield (LON:SFR) had its price objective cut by Jefferies Financial Group from GBX 41 to GBX 40 in a report issued on Thursday morning,Digital Look reports. They currently have a buy rating on the stock.

Severfield Stock Down 0.4%

Shares of SFR stock opened at GBX 26.50 on Thursday. The stock has a market cap of £78.25 million, a P/E ratio of -5.14 and a beta of 0.82. Severfield has a 52 week low of GBX 19.55 and a 52 week high of GBX 41.13. The company has a quick ratio of 0.99, a current ratio of 1.06 and a debt-to-equity ratio of 41.67. The company’s fifty day simple moving average is GBX 27.85 and its two-hundred day simple moving average is GBX 28.46.

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.