Insider Buying: Severfield (LON:SFR) Insider Buys £1,975.35 in Stock

Severfield plc (LON:SFR) insider Andrew Page bought 5,065 shares of the business’s stock in a transaction on Wednesday, October 7th. The shares were acquired at an average cost of GBX 39 per share, with a total value of £1,975.35.

Andrew Page also recently made the following trade(s):

• On Wednesday, August 26th, Andrew Page purchased 5,084 shares of Severfield stock. The stock was acquired at an average cost of GBX 39 per share, for a total transaction of £1,982.76.

Severfield Stock Performance

Shares of Severfield stock opened at GBX 37.20 on Friday. The firm has a market cap of £109.84 million, a PE ratio of -3.09 and a beta of 0.93. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 48.45. Severfield plc has a 52 week low of GBX 21.30 and a 52 week high of GBX 40. The business’s fifty day simple moving average is GBX 38.08 and its 200-day simple moving average is GBX 32.32.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 40 target price on shares of Severfield in a research note on Wednesday, July 29th. 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 a consensus target price of GBX 44.

About Severfield

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.