Harworth Group PLC (HWG) Coverage Initiated by Analysts at N+1 Singer
Research analysts at N+1 Singer initiated coverage on shares of Harworth Group PLC (LON:HWG) in a note issued to investors on Wednesday. The brokerage set a “buy” rating and a GBX 130 ($1.58) price target on the stock. N+1 Singer’s price objective suggests a potential upside of 48.57% from the company’s current price.
Shares of Harworth Group PLC (LON:HWG) opened at 89.50 on Wednesday. The firm has a 50-day moving average of GBX 86.64 and a 200-day moving average of GBX 89.68. The firm’s market capitalization is GBX 261.58 million. Harworth Group PLC has a 12-month low of GBX 69.00 and a 12-month high of GBX 143.70.
The firm also recently disclosed a dividend, which will be paid on Thursday, December 1st. Stockholders of record on Thursday, November 3rd will be paid a GBX 0.23 ($0.00) dividend. This is a boost from Harworth Group PLC’s previous dividend of $0.05. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a dividend yield of 0.26%.
In other Harworth Group PLC news, insider Kirkman ,Andrew acquired 288 shares of the business’s stock in a transaction dated Thursday, September 15th. The stock was bought at an average price of GBX 88 ($1.07) per share, with a total value of £253.44 ($308.88).
Harworth Group PLC Company Profile
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.
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