Severfield (LON:SFR) Receives “Buy” Rating from Peel Hunt

Severfield (LON:SFR)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a research note issued to investors on Monday, April 9th. They currently have a GBX 100 ($1.43) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 29.87% from the stock’s previous close.

Separately, Jefferies Group boosted their target price on shares of Severfield from GBX 91 ($1.30) to GBX 95 ($1.36) and gave the stock a “buy” rating in a research report on Thursday, February 22nd.

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SFR stock opened at GBX 77 ($1.10) on Monday. Severfield has a 1 year low of GBX 59 ($0.84) and a 1 year high of GBX 88 ($1.26).

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Severfield Company Profile

Severfield plc, a structural steelwork company, engages in the design, manufacturing and fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Mainland Europe, and internationally. It also manufactures metal decking products; and steel beams, steelwork products, and intumescent coatings.

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