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

Harworth Group (LON:HWG – Get Free Report)‘s stock had its “hold” rating reissued by Jefferies Financial Group in a research report issued on Friday, Digital Look reports. They currently have a GBX 180 price objective on the stock. Jefferies Financial Group’s target price points to a potential downside of 3.74% from the stock’s current price.

A number of other brokerages have also weighed in on HWG. Berenberg Bank lowered their price target on shares of Harworth Group from GBX 202 to GBX 195 and set a “buy” rating for the company in a report on Tuesday. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price objective on shares of Harworth Group in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 197.50.

Read Our Latest Stock Analysis on HWG

Harworth Group Stock Performance

LON:HWG opened at GBX 187 on Friday. Harworth Group has a 52-week low of GBX 116.80 and a 52-week high of GBX 195. The company has a market cap of £608.17 million, a price-to-earnings ratio of 66.79 and a beta of 0.57. The firm’s 50-day moving average is GBX 164.48 and its 200-day moving average is GBX 146.44. 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 (LON:HWG – Get Free Report) last announced 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 net margin of 20.56% and a negative return on equity of 3.74%. Equities research analysts anticipate that Harworth Group will post 15.3212521 earnings per share for the current year.

About Harworth Group

(Get Free Report)

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.

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