Severfield (LON:SFR) Insider Paul McNerney Purchases 1,868 Shares of Stock

Severfield plc (LON:SFR – Get Free Report) insider Paul McNerney bought 1,868 shares of the company’s stock in a transaction that occurred on Wednesday, October 7th. The shares were bought at an average price of GBX 39 per share, with a total value of £728.52.

Paul McNerney also recently made the following trade(s):

  • On Wednesday, August 26th, Paul McNerney bought 1,874 shares of Severfield stock. The stock was purchased at an average price of GBX 39 per share, for a total transaction of £730.86.
  • On Tuesday, July 14th, Paul McNerney bought 2,716 shares of Severfield stock. The stock was purchased at an average cost of GBX 36 per share, for a total transaction of £977.76.

Severfield Trading Down 0.7%

LON:SFR opened at GBX 37.75 on Thursday. The company has a fifty day moving average of GBX 38.10 and a 200 day moving average of GBX 32.20. Severfield plc has a 52 week low of GBX 21.30 and a 52 week high of GBX 40. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 48.45. The firm has a market capitalization of £111.47 million, a P/E ratio of -3.14 and a beta of 0.93.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 40 price objective on shares of Severfield in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 44.

Read Our Latest Analysis 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.

Further Reading

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