Jefferies Financial Group reiterated their buy rating on shares of Severfield (LON:SFR) in a report published on Wednesday.

Separately, Peel Hunt reiterated a buy rating on shares of Severfield in a report on Tuesday.

Shares of SFR opened at GBX 77 ($0.99) on Wednesday. Severfield has a fifty-two week low of GBX 59 ($0.76) and a fifty-two week high of GBX 88 ($1.14).

The business also recently declared a dividend, which will be paid on Friday, September 14th. Shareholders of record on Thursday, August 16th will be issued a GBX 3.40 ($0.04) dividend. This represents a dividend yield of 4.03%. The ex-dividend date is Thursday, August 16th. This is a positive change from Severfield’s previous dividend of $0.90.

In other Severfield news, insider Derek Randall sold 141,736 shares of Severfield stock in a transaction on Friday, July 20th. The shares were sold at an average price of GBX 82 ($1.06), for a total value of £116,223.52 ($149,927.14).

Severfield Company Profile

Severfield plc, a structural steelwork company, engages in the designing, manufacturing, fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Mainland Europe, and internationally. It manufactures metal decking products; composite metal flooring products; and steel and plated beams, steel sections, steelwork products, and intumescent coatings.

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