Key Points
- Severfield insider Paul McNerney bought 1,853 shares at GBX 39 each, worth £722.67, on October 29. He also purchased shares in August and October, indicating repeated insider buying.
- Severfield shares opened at GBX 37.85, with a market capitalization of approximately £111.76 million and a one-year trading range of GBX 21.30 to GBX 41.77.
- Analysts remain positive: Jefferies reaffirmed a “Buy” rating, while the consensus rating is “Buy” with a target price of GBX 44.
Severfield plc (LON:SFR - Get Free Report) insider Paul McNerney bought 1,853 shares of the firm's stock in a transaction dated Thursday, October 29th. The stock was purchased at an average price of GBX 39 per share, for a total transaction of £722.67.
Paul McNerney also recently made the following trade(s):
- On Wednesday, October 7th, Paul McNerney purchased 1,868 shares of Severfield stock. The stock was purchased at an average cost of GBX 39 per share, for a total transaction of £728.52.
- On Wednesday, August 26th, Paul McNerney purchased 1,874 shares of Severfield stock. The shares were purchased at an average price of GBX 39 per share, with a total value of £730.86.
Severfield Stock Down 1.8%
Shares of SFR opened at GBX 37.85 on Friday. The stock has a 50 day moving average price of GBX 38.03 and a 200 day moving average price of GBX 31.92. Severfield plc has a one year low of GBX 21.30 and a one year high of GBX 41.77. The company has a debt-to-equity ratio of 48.45, a quick ratio of 0.98 and a current ratio of 1.05. The stock has a market capitalization of £111.76 million, a price-to-earnings ratio of -3.15 and a beta of 0.90.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 40 target price on shares of Severfield in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of GBX 44.
Get Our Latest Stock Report on Severfield
Severfield Company Profile
(
Get Free Report)
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.
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