Severfield (LON:SFR) Insider Andrew Page Purchases 5,065 Shares of Stock

Severfield plc (LON:SFR) insider Andrew Page acquired 5,065 shares of the stock in a transaction dated Wednesday, October 7th. The stock was bought at an average price of GBX 39 per share, for a total transaction of £1,975.35.

Andrew Page also recently made the following trade(s):

• On Wednesday, August 26th, Andrew Page bought 5,084 shares of Severfield stock. The shares were bought at an average price of GBX 39 per share, with a total value of £1,982.76.

Severfield Price Performance

Shares of SFR stock opened at GBX 37.75 on Thursday. The stock’s fifty day simple moving average is GBX 38.10 and its 200 day simple moving average is GBX 32.20. The company has a debt-to-equity ratio of 48.45, a current ratio of 1.05 and a quick ratio of 0.98. The firm has a market cap of £111.47 million, a price-to-earnings ratio of -3.14 and a beta of 0.93. Severfield plc has a one year low of GBX 21.30 and a one year high of GBX 40.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 40 price objective on shares of Severfield in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 44.

Severfield Company Profile

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.