Deutsche Bank Aktiengesellschaft Lowers Helios Towers (LON:HTWS) Price Target to GBX 245

Helios Towers (LON:HTWS) had its target price decreased by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 255 to GBX 245 in a research report issued on Thursday, Marketbeat reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 76.26% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 175 price objective on shares of Helios Towers in a research report on Thursday, July 31st. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 210.

Helios Towers Price Performance

HTWS stock opened at GBX 139 on Thursday. The company has a debt-to-equity ratio of -2,151.68, a current ratio of 1.24 and a quick ratio of 1.97. The business has a 50 day simple moving average of GBX 126.78 and a 200-day simple moving average of GBX 116.50. The firm has a market capitalization of £1.50 billion, a PE ratio of 1,828.95 and a beta of 0.50. Helios Towers has a 1 year low of GBX 87.20 and a 1 year high of GBX 145.60.

Helios Towers Company Profile

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.