Harworth Group (LON:HWG) Reaches New 1-Year High – Here’s What Happened

Harworth Group plc (LON:HWG)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 184 and last traded at GBX 183.20, with a volume of 391 shares traded. The stock had previously closed at GBX 179.60.

Wall Street Analyst Weigh In

A number of analysts have issued reports on HWG shares. Peel Hunt reiterated a “buy” rating and issued a GBX 200 target price on shares of Harworth Group in a research note on Wednesday, August 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 170 price target on shares of Harworth Group in a research note on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Harworth Group has an average rating of “Buy” and an average target price of GBX 196.75.

Harworth Group Trading Up 0.8%

The company has a fifty day moving average of GBX 134.47 and a two-hundred day moving average of GBX 144.18. The company has a current ratio of 457.81, a quick ratio of 1.13 and a debt-to-equity ratio of 24.93. The stock has a market capitalization of £588.66 million, a price-to-earnings ratio of 64.64 and a beta of 0.54.

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. Visit www.harworthgroup.com for further information.