Helios Towers’ (HTWS) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Helios Towers (LON:HTWS) in a report issued on Thursday morning, Marketbeat Ratings reports. Berenberg Bank currently has a GBX 195 ($2.54) target price on the stock.

Helios Towers Stock Performance

Shares of HTWS stock traded up GBX 2.60 ($0.03) during trading on Thursday, reaching GBX 108.80 ($1.42). 933,244 shares of the company’s stock were exchanged, compared to its average volume of 1,588,853. Helios Towers has a twelve month low of GBX 62.90 ($0.82) and a twelve month high of GBX 134 ($1.74). The firm’s fifty day moving average price is GBX 111.14 and its 200-day moving average price is GBX 116.21. The company has a quick ratio of 1.97, a current ratio of 1.24 and a debt-to-equity ratio of 17,889.32. The stock has a market capitalization of £1.14 billion, a PE ratio of -1,770.00 and a beta of 0.50.

Helios Towers Company Profile

Helios Towers plc, an independent tower company, acquires, builds, and operates telecommunications towers and passive infrastructure. It provides colocation lease-up, build-to-suit, sale and leaseback, in-building, small cells/outdoor distributed antenna system, and other managed services. The company also offers passive infrastructure solutions, including site selection, site preparation, maintenance, security, and power management, as well as engages in hosting of active equipment, such as antennae.