Harworth Group (LON:HWG) Receives Buy Rating from Peel Hunt

Harworth Group (LON:HWG)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a report issued on Wednesday,Digital Look reports. They presently have a GBX 200 price target on the stock. Peel Hunt’s price objective would suggest a potential upside of 39.47% from the company’s current price.

Harworth Group Trading Up 6.2%

Shares of Harworth Group stock traded up GBX 8.40 during mid-day trading on Wednesday, hitting GBX 143.40. The stock had a trading volume of 204,294 shares, compared to its average volume of 534,033. The firm has a 50-day moving average of GBX 126.29 and a two-hundred day moving average of GBX 143.60. Harworth Group has a 12-month low of GBX 116.80 and a 12-month high of GBX 190. The company has a quick ratio of 1.13, a current ratio of 457.81 and a debt-to-equity ratio of 24.93. The firm has a market cap of £466.36 million, a P/E ratio of 51.21 and a beta of 0.53.

About Harworth Group

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.