Harworth Group (LON:HWG) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reissued their buy rating on shares of Harworth Group (LON:HWGGet Rating) in a research report report published on Tuesday morning, MarketBeat.com reports. Peel Hunt currently has a GBX 160 ($1.95) price target on the stock.

Harworth Group Stock Down 3.3 %

Shares of Harworth Group stock opened at GBX 116.50 ($1.42) on Tuesday. The business has a 50-day moving average of GBX 118.14 and a 200-day moving average of GBX 115.49. The company has a debt-to-equity ratio of 16.27, a current ratio of 3.07 and a quick ratio of 1.13. The company has a market capitalization of £376.38 million, a PE ratio of 323.61 and a beta of 0.72. Harworth Group has a 1-year low of GBX 99 ($1.21) and a 1-year high of GBX 189 ($2.30).

Harworth Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 26th. Investors of record on Thursday, May 4th will be paid a GBX 0.93 ($0.01) dividend. This represents a yield of 0.77%. This is an increase from Harworth Group’s previous dividend of $0.40. The ex-dividend date is Thursday, May 4th. Harworth Group’s dividend payout ratio (DPR) is 277.78%.

About Harworth Group

(Get Rating)

Harworth Group plc operates as a land and property regeneration company in the North of England and the Midlands. The company operates through two segments, Income Generation and Capital Growth. The Income Generation segment focuses on generating rental returns from the investment portfolio; rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio; and income-generating streams from recycled aggregates and secondary coal products.

Further Reading

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