Severfield (LON:SFR) Price Target Cut to GBX 40 by Analysts at Jefferies Financial Group

Severfield (LON:SFR) had its price target cut by Jefferies Financial Group from GBX 41 to GBX 40 in a research note published on Thursday,Digital Look reports. They currently have a buy rating on the stock.

Severfield Stock Performance

LON SFR opened at GBX 26.60 on Thursday. The stock’s fifty day moving average is GBX 27.91 and its two-hundred day moving average is GBX 28.49. The firm has a market capitalization of £78.55 million, a P/E ratio of -5.16 and a beta of 0.82. The company has a debt-to-equity ratio of 41.67, a quick ratio of 0.99 and a current ratio of 1.06. Severfield has a fifty-two week low of GBX 19.55 and a fifty-two week high of GBX 41.13.

About Severfield

Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and Europe and a reputation for performance and innovation.

Operating on an international scale, Severfield is widely recognised for its iconic structures, engineering excellence, and unparalleled customer service.

We have the design, experience and engineering skills to serve a diverse range of market sectors, from education and hospitals to bridges and commercial offices.

We approach every project, from the highly technical to basic structural work, with the same level of safety, professionalism, commitment, care and customer service.

Our people make Severfield the success story it is today.