Severfield plc (LON:SFR – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 28.04 and traded as low as GBX 26.10. Severfield shares last traded at GBX 26.15, with a volume of 504,529 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group reduced their price target on shares of Severfield from GBX 41 to GBX 40 and set a “buy” rating on the stock in a research report on Thursday, April 16th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Severfield currently has a consensus rating of “Buy” and an average target price of GBX 44.
Check Out Our Latest Research Report on SFR
Severfield Price Performance
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.
Further Reading
- Five stocks we like better than Severfield
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for Severfield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severfield and related companies with MarketBeat.com's FREE daily email newsletter.
