Barclays Reiterates “Equal Weight” Rating for Helios Towers (LON:HTWS)

Helios Towers (LON:HTWS – Get Rating)‘s stock had its “equal weight” rating reissued by Barclays in a report issued on Friday, LSE.Co.UK reports. They presently have a GBX 150 ($1.88) target price on the stock. Barclays‘s price objective suggests a potential upside of 58.90% from the company’s current price.

HTWS has been the subject of several other reports. Berenberg Bank restated a “buy” rating and set a GBX 170 ($2.13) target price on shares of Helios Towers in a report on Thursday, March 16th. Numis Securities restated a “buy” rating and set a GBX 280 ($3.51) target price on shares of Helios Towers in a report on Thursday, March 16th.

Helios Towers Stock Performance

LON:HTWS opened at GBX 94.40 ($1.18) on Friday. The company has a current ratio of 1.43, a quick ratio of 1.97 and a debt-to-equity ratio of 3,646.25. The firm has a 50-day moving average price of GBX 101.35 and a two-hundred day moving average price of GBX 108.29. Helios Towers has a twelve month low of GBX 87.45 ($1.10) and a twelve month high of GBX 148.20 ($1.86). The company has a market capitalization of £991.20 million, a P/E ratio of -786.67 and a beta of 0.12.

Helios Towers Company Profile

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Helios Towers plc, an independent tower company, acquires, builds, and operates telecommunications towers and passive infrastructure. It provides site space to mobile network operators and other telecommunications providers that in turn provide wireless voice and data services to consumers and businesses.