Helios Towers’ (HTWS) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Helios Towers (LON:HTWS) in a research report report published on Wednesday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 285 price objective on the stock.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 270 price objective on shares of Helios Towers in a report on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 283.33.

Helios Towers Price Performance

Shares of Helios Towers stock opened at GBX 195.80 on Wednesday. The business’s fifty day moving average price is GBX 211.76 and its 200 day moving average price is GBX 199.49. Helios Towers has a twelve month low of GBX 113.20 and a twelve month high of GBX 247.60. The company has a current ratio of 1.26, a quick ratio of 1.97 and a debt-to-equity ratio of 4,940.69. The stock has a market capitalization of £2.00 billion, a P/E ratio of 59.33 and a beta of 1.12.

About Helios Towers

Helios Towers is a leading independent telecommunications infrastructure company, having established one of the most extensive tower portfolios across Africa and the Middle East. It builds, owns and operates telecom passive infrastructure, providing services to mobile network operators.

Helios Towers owns and operates telecommunication tower sites in Tanzania, Democratic Republic of Congo, Congo Brazzaville, Ghana, South Africa, Senegal, Madagascar, Malawi and Oman.

Helios Towers pioneered the model in Africa of buying towers that were held by single operators and providing services utilising the tower infrastructure to the seller and other operators.