Insider Buying: Harworth Group (LON:HWG) Insider Purchases £148.63 in Stock

Harworth Group plc (LON:HWG) insider Katerina Patmore purchased 89 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average cost of GBX 167 per share, with a total value of £148.63.

Katerina Patmore also recently made the following trade(s):

• On Monday, February 16th, Katerina Patmore acquired 94 shares of Harworth Group stock. The shares were acquired at an average cost of GBX 161 per share, for a total transaction of £151.34.
• On Thursday, January 15th, Katerina Patmore acquired 89 shares of Harworth Group stock. The stock was acquired at an average price of GBX 168 per share, for a total transaction of £149.52.
• On Monday, December 15th, Katerina Patmore bought 91 shares of Harworth Group stock. The shares were acquired at an average cost of GBX 164 per share, with a total value of £149.24.

Harworth Group Price Performance

HWG stock opened at GBX 164 on Friday. The company has a debt-to-equity ratio of 27.28, a quick ratio of 1.13 and a current ratio of 2.92. The firm has a 50 day moving average price of GBX 166.20 and a 200-day moving average price of GBX 166.09. Harworth Group plc has a 52-week low of GBX 158 and a 52-week high of GBX 190.50. The firm has a market capitalization of £531.73 million, a price-to-earnings ratio of 10.45 and a beta of 0.74.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on HWG shares. Berenberg Bank increased their target price on Harworth Group from GBX 201 to GBX 202 and gave the stock a “buy” rating in a research note on Monday, January 26th. Panmure Gordon reiterated a “buy” rating and issued a GBX 215 price target on shares of Harworth Group in a research note on Monday, January 19th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 209.75.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information.