Helios Towers (LON:HTWS) Earns “Buy” Rating from Berenberg Bank

Helios Towers (LON:HTWS)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. They presently have a GBX 195 ($2.54) price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 78.90% from the company’s current price.

Helios Towers Trading Up 2.6 %

Shares of LON HTWS opened at GBX 109 ($1.42) on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.97 and a debt-to-equity ratio of 17,889.32. The stock has a market capitalization of £1.14 billion, a PE ratio of -1,816.67 and a beta of 0.50. Helios Towers has a twelve month low of GBX 62.90 ($0.82) and a twelve month high of GBX 134 ($1.74). The stock has a fifty day simple moving average of GBX 110.95 and a 200-day simple moving average of GBX 116.14.

Helios Towers Company Profile

Helios Towers plc, an independent tower company, acquires, builds, and operates telecommunications towers and passive infrastructure. It provides colocation lease-up, build-to-suit, sale and leaseback, in-building, small cells/outdoor distributed antenna system, and other managed services. The company also offers passive infrastructure solutions, including site selection, site preparation, maintenance, security, and power management, as well as engages in hosting of active equipment, such as antennae.