Severfield’s (SFR) “Buy” Rating Reaffirmed at Jefferies Group

Severfield (LON:SFR)‘s stock had its “buy” rating restated by Jefferies Group in a note issued to investors on Wednesday. They presently have a GBX 91 ($1.22) price target on the stock. Jefferies Group’s price objective would suggest a potential upside of 26.39% from the company’s previous close.

Several other research analysts have also recently issued reports on SFR. Peel Hunt raised their target price on Severfield from GBX 90 ($1.21) to GBX 100 ($1.35) and gave the stock a “buy” rating in a research report on Tuesday. N+1 Singer reissued a “buy” rating on shares of Severfield in a research report on Thursday, November 23rd.

Severfield (LON SFR) opened at GBX 72 ($0.97) on Wednesday. Severfield has a 12-month low of GBX 59 ($0.79) and a 12-month high of GBX 88 ($1.18).

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Severfield Company Profile

Severfield plc is a structural steelwork company in the United Kingdom, which is engaged in construction contract business. The Company serves the construction and infrastructure markets. Its construction sectors consist of commercial offices, industrial and distribution, stadia and leisure, retail, and data centers and other.

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