Harworth Group PLC 51.3% potential upside indicated by Peel Hunt Limited

Harworth Group PLC with ticker (LON:HWG) now has a potential upside of 51.3% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 180 GBX for the company, which when compared to the Harworth Group PLC share price of 119 GBX at opening today (26/05/2023) indicates a potential upside of 51.3%. Trading has ranged between 99 (52 week low) and 171 (52 week high) with an average of 104,653 shares exchanging hands daily. The market capitalisation at the time of writing is £393,377,133.

Harworth Group plc is a United Kingdom-based land and property regeneration company. The Company is a sustainable regenerator of land and property for development and investment, which owns, develops and manages a portfolio of approximately 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Company operates through two segments: Capital Growth and Income Generation. The Income Generation segment focuses on generating rental returns from the investment portfolio, rental returns and royalties from energy generation, environmental technologies and the agricultural portfolio, and generating income from recycled aggregates and secondary coal products. The Capital Growth segment focuses on delivering value by developing the underlying investment and development property portfolios, and includes planning and development activity, value engineering, proactive asset management and strategic land acquisition.