Severfield PLC (LON:SFR)‘s stock had its “buy” rating restated by research analysts at Jefferies Group in a note issued to investors on Tuesday, Analyst Ratings Net reports. They presently have a GBX 73 ($1.04) price target on the stock. Jefferies Group’s target price points to a potential upside of 21.67% from the stock’s current price.

Severfield PLC (LON:SFR) opened at 60.50 on Tuesday. The firm has a 50-day moving average of GBX 64.09 and a 200-day moving average of GBX 65.36. Severfield PLC has a 52-week low of GBX 57.00 and a 52-week high of GBX 75.00. The firm’s market cap is GBX 179.99 million.

The company also recently declared a dividend, which was paid on Friday, January 15th. Stockholders of record on Thursday, December 17th were paid a dividend of GBX 0.50 ($0.01) per share. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend was Thursday, December 17th.

Separately, Canaccord Genuity reissued a “buy” rating and issued a GBX 80 ($1.14) target price on shares of Severfield PLC in a report on Tuesday, October 6th.

Severfield plc, formerly Severfield-Rowen plc, is a United Kingdom-based specialist structural steelwork company. The Company’s core construction sectors consist of commercial offices, industrial and distribution, stadia and leisure, retail and data centers and other. Its core infrastructure sectors include transport, power and energy, and health and education. The Company, through its subsidiaries, Severfield (LON:SFR) Limited, Severfield (Design & Build) Limited and Severfield (NI) Limited, are engaged in steel fabrication and construction. Severfield (UK) Limited operates manufacturing facilities at Dalton, North Yorkshire and Lostock, Lancashire. Severfield (Design & Build) Limited, located in Sherburn, North Yorkshire, designs, fabricates and constructs structural steelwork and portal frames principally for the warehouse, distribution and industrial sectors. Severfield (NI) Limited delivers constructional steel products in the United Kingdom and Irish structural steel market.

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