Helios Towers PLC 45.2% potential upside indicated by JP Morgan Cazenove

Helios Towers PLC with ticker (LON:HTWS) now has a potential upside of 45.2% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 210 GBX for the company, which when compared to the Helios Towers PLC share price of 115 GBX at opening today (13/04/2022) indicates a potential upside of 45.2%. Trading has ranged between 114 (52 week low) and 190 (52 week high) with an average of 1,238,450 shares exchanging hands daily. The market capitalisation at the time of writing is £1,247,120,000.

Helios Towers PLC is a United Kingdom-based independent telecommunications tower infrastructure company in Africa. The Company owns and operates telecommunications towers and infrastructure in African markets. The Company’s business lies in building, acquiring and operating telecommunications towers that can accommodate the needs of its multiple tenants. These tenants are typically mobile network operators (MNOs) and other telecommunications providers who in turn provide wireless voice and data services, primarily to end-consumers and businesses. The Company also offers tower-related operational services, including site selection, site preparation, maintenance, security and power management. It also constructs new assets, including build-to-suit (BTS) towers, and localized small cell and in-building solutions. The Company owns and operates telecommunication tower sites across Africa in Tanzania, Democratic Republic of Congo (DRC), Congo Brazzaville, Ghana and South Africa.