Key Points
- Insider Tom Greenwood purchased 87,085 shares of Helios Towers on March 13 at GBX 173 per share, a total value of £150,657.05.
- Berenberg raised its target price to GBX 230 (from GBX 215) and the stock has a consensus "Buy" rating with an average target of GBX 237.50.
- Helios Towers is a telecommunications infrastructure company operating tower sites across Africa and the Middle East, with a market cap of £1.90 billion and a 1‑year share range of GBX 92.50–204.
Helios Towers plc (LON:HTWS - Get Free Report) insider Tom Greenwood bought 87,085 shares of the firm's stock in a transaction on Friday, March 13th. The shares were bought at an average price of GBX 173 per share, with a total value of £150,657.05.
Helios Towers Price Performance
LON HTWS opened at GBX 182.80 on Tuesday. The stock has a market capitalization of £1.90 billion, a price-to-earnings ratio of 24.05 and a beta of 1.55. Helios Towers plc has a 1-year low of GBX 92.50 and a 1-year high of GBX 204. The company has a debt-to-equity ratio of 2,536.49, a current ratio of 1.53 and a quick ratio of 1.97. The business's fifty day moving average price is GBX 181.14 and its 200-day moving average price is GBX 161.81.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank raised their target price on Helios Towers from GBX 215 to GBX 230 and gave the stock a "buy" rating in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of GBX 237.50.
Read Our Latest Report on HTWS
About Helios Towers
(
Get Free Report)
Helios Towers is a leading independent telecommunications infrastructure company, having established one of the most extensive tower portfolios across Africa and the Middle East. It builds, owns and operates telecom passive infrastructure, providing services to mobile network operators.
Helios Towers owns and operates telecommunication tower sites in Tanzania, Democratic Republic of Congo, Congo Brazzaville, Ghana, South Africa, Senegal, Madagascar, Malawi and Oman.
Helios Towers pioneered the model in Africa of buying towers that were held by single operators and providing services utilising the tower infrastructure to the seller and other operators.
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