According to an update released by analysts at N+1 Singer the broker has now set a ‘Buy’ rating on shares of Harworth Group Plc (LON:HWG) with a price target of 130.
N+1 Singer on Wednesday indicated Harworth Group Plc’s analyst rating as ‘Buy’ with its price target of 130 highlighting a potential increase of 47.73% from Harworth Group Plc’s current price of 88.
Over the last twelve months Harworth Group Plc’s stock price has decreased from 123.28 to 88, a change of -28.62%.
Harworth Group Plc has 292,269,000 shares in issue which have a share price of 88 giving Harworth Group Plc a market capitalisation of 257.20M GBp.
The company has a 50 day moving average of 86.64 and a 200 day moving average of 89.68. The 52 week high shares of Harworth Group Plc have reached is 143.7 whilst the 52 week low for the company’s shares is 69.
Harworth Group plc, formerly Coalfield Resources plc, specializes in the regeneration of former coalfield and other brownfield land into employment areas, new residential development and low carbon energy projects. The Company operates through two segments: Capital Growth and Income Generation. The Capital Growth segment of the business focuses on delivering value by developing the underlying portfolio, and includes planning and development activity, value engineering, proactive asset management and strategic land acquisitions. The Income Generation segment of the business focuses on generating rental returns from the business park portfolio, rental return and royalties from energy generation, environmental technologies and the agricultural portfolio, and the income generating streams from recycled aggregates and secondary coal products. The Company’s portfolio includes properties at varying stages of completion, across the various sectors, including mixed-use, industrial and retail.