Harworth Group PLC (HWG) Stock Rating Reaffirmed by Canaccord Genuity

Harworth Group PLC (LON:HWG)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a research note issued to investors on Friday. They currently have a GBX 121 ($1.59) price objective on the stock. Canaccord Genuity’s price target would suggest a potential upside of 10.55% from the stock’s current price.

Shares of Harworth Group PLC (LON HWG) traded up GBX 1.45 ($0.02) during midday trading on Friday, reaching GBX 109.45 ($1.44). 117,030 shares of the company traded hands, compared to its average volume of 43,451. Harworth Group PLC has a fifty-two week low of GBX 85.60 ($1.13) and a fifty-two week high of GBX 109.45 ($1.44).

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In related news, insider Owen Michaelson bought 68,627 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The shares were acquired at an average cost of GBX 102 ($1.34) per share, with a total value of £69,999.54 ($92,068.32).

Harworth Group PLC Company Profile

Harworth Group plc, formerly Coalfield Resources plc, specializes in the regeneration of former coalfield and other brownfield land into employment areas, new residential development and low carbon energy projects. The Company operates through three segments: Capital Growth, Income Generation and Acquisitions.

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