Severfield-Rowen (LON: SFR)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group in a report released on Thursday. They currently have a $1.61 (107 GBX) target price on the stock.
Shares of Severfield-Rowen traded up 9.56% during mid-day trading on Thursday, hitting GBX 74.50. Severfield-Rowen has a 52 week low of GBX 128.00 and a 52 week high of GBX 221.50. The stock’s 50-day moving average is currently GBX 140.. The company’s market cap is £68.0 million.
A number of other firms have also recently commented on SFR. Analysts at Canaccord Genuity cut their price target on shares of Severfield-Rowen from $0.76 to $0.56 in a research note to investors on Thursday. They now have a “sell” rating on the stock.
Severfield-Rowen Plc is a structural steelwork company. The Company is engaged in the design, fabrication and erection of structural steelwork, claddings and ancillary products.
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