Harworth Group (LON:HWG) Given Buy Rating at Peel Hunt

Key Points

• Harworth Group's stock received a "buy" rating from Peel Hunt, indicating optimism about its future performance with a target price of GBX 210, suggesting a potential upside of 23.89% from the previous close.
• Jefferies Financial Group also reaffirmed a "buy" rating with the same price objective of GBX 210, contributing to a consensus buy rating across analysts.
• Currently, Harworth Group has a market capitalization of £549.98 million with a notable debt-to-equity ratio of 13.88 and a 52-week price range between GBX 155 and GBX 195.

Harworth Group (LON:HWG - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Peel Hunt in a research note issued on Monday,Digital Look reports. They currently have a GBX 210 target price on the stock. Peel Hunt's price target points to a potential upside of 23.89% from the stock's previous close.

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 210 price objective on shares of Harworth Group in a report on Tuesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 210.

Harworth Group Price Performance

HWG stock opened at GBX 169.50 on Monday. The company has a quick ratio of 1.13, a current ratio of 2.59 and a debt-to-equity ratio of 13.88. Harworth Group has a 52 week low of GBX 155 and a 52 week high of GBX 195. The stock has a market capitalization of £549.98 million, a PE ratio of 979.77 and a beta of 0.74. The firm has a 50 day moving average of GBX 180.72 and a 200 day moving average of GBX 174.98.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.