Severfield (LON:SFR) insider Ian Cochrane acquired 164 shares of Severfield stock in a transaction dated Monday, April 16th. The stock was bought at an average price of GBX 76 ($1.09) per share, with a total value of £124.64 ($178.47).
SFR opened at GBX 77 ($1.10) on Tuesday. Severfield has a 52 week low of GBX 59 ($0.84) and a 52 week high of GBX 88 ($1.26).
Several research analysts recently weighed in on the stock. Peel Hunt reaffirmed a “buy” rating and issued a GBX 100 ($1.43) target price on shares of Severfield in a report on Monday, April 9th. Jefferies Group upped their target price on shares of Severfield from GBX 91 ($1.30) to GBX 95 ($1.36) and gave the stock a “buy” rating in a report on Thursday, February 22nd.
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Severfield plc, a structural steelwork company, engages in the design, manufacturing and fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Mainland Europe, and internationally. It also manufactures metal decking products; and steel beams, steelwork products, and intumescent coatings.
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