Peel Hunt Downgrades NWF Group (NWF) to Hold

Posted by Logan Wallace on Mar 27th, 2018 // Comments off

Peel Hunt lowered shares of NWF Group (LON:NWF) to a hold rating in a research report report published on Friday morning. The firm currently has GBX 185 ($2.56) price objective on the stock.

Separately, Shore Capital reiterated a buy rating on shares of NWF Group in a report on Tuesday, January 30th.

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Shares of NWF Group (LON NWF) opened at GBX 192.50 ($2.66) on Friday. NWF Group has a 1-year low of GBX 129 ($1.78) and a 1-year high of GBX 187 ($2.58). The firm has a market capitalization of $102.84 and a price-to-earnings ratio of 1,604.17.

The company also recently announced a dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Thursday, March 22nd will be issued a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, March 22nd.

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NWF Group Company Profile

NWF Group plc is engaged in the manufacture and sale of animal feeds, the sale and distribution of fuel oils, and the warehousing and distribution of ambient groceries. The Company operates through three segments: Feeds, Food and Fuels. The Feeds segment is engaged in the manufacture and sale of animal feeds and other agricultural products.

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