Harworth Group (LON:HWG) Hits New 12-Month Low – Time to Sell?

Harworth Group plc (LON:HWG) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 158 and last traded at GBX 158, with a volume of 18 shares trading hands. The stock had previously closed at GBX 160.

Analyst Ratings Changes

HWG has been the subject of a number of research reports. Panmure Gordon restated a “buy” rating and set a GBX 215 target price on shares of Harworth Group in a research report on Monday, January 19th. Jefferies Financial Group increased their target price on shares of Harworth Group from GBX 210 to GBX 212 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Finally, Berenberg Bank lifted their price target on shares of Harworth Group from GBX 201 to GBX 202 and gave the company a “buy” rating in a research note on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Harworth Group currently has an average rating of “Buy” and an average target price of GBX 209.75.

Harworth Group Trading Up 0.3%

The firm has a market capitalization of £520.38 million, a price-to-earnings ratio of 10.22 and a beta of 0.74. The company has a fifty day moving average price of GBX 164.32 and a two-hundred day moving average price of GBX 167.79. The company has a current ratio of 2.59, a quick ratio of 1.13 and a debt-to-equity ratio of 13.88.

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.