Peel Hunt Reaffirms “Buy” Rating for Harworth Group (LON:HWG)

Peel Hunt restated their buy rating on shares of Harworth Group (LON:HWG) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other brokerages have also weighed in on HWG. Peel Hunt reaffirmed a buy rating and issued a GBX 146 ($1.92) target price on shares of Harworth Group in a research report on Thursday, November 14th. Liberum Capital reaffirmed a buy rating on shares of Harworth Group in a research report on Monday, January 27th.

Harworth Group stock opened at GBX 147.48 ($1.94) on Tuesday. The company has a quick ratio of 1.08, a current ratio of 4.48 and a debt-to-equity ratio of 14.38. Harworth Group has a 52-week low of GBX 115 ($1.51) and a 52-week high of GBX 160.23 ($2.11). The company has a fifty day simple moving average of GBX 147.14 and a 200-day simple moving average of GBX 131.66. The firm has a market capitalization of $474.75 million and a price-to-earnings ratio of 11.01.

Harworth Group Company Profile

Harworth Group plc operates as a brownfield land developer and regeneration company in the North of England and the Midlands. The company operates through two segments, Income Generation and Capital Growth. The Income Generation segment focuses on generating rental returns from the business space portfolio; rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio; and income generating streams from recycled aggregates and secondary coal products.

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