Helios Towers (LON:HTWS) Earns Buy Rating from Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Helios Towers (LON:HTWS – Get Rating) in a research note issued to investors on Thursday, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 170 ($2.07) price objective on the stock.

Separately, Barclays raised their target price on Helios Towers from GBX 144 ($1.76) to GBX 150 ($1.83) and gave the stock an equal weight rating in a research report on Monday, January 16th.

Helios Towers Price Performance

Helios Towers stock opened at GBX 105.60 ($1.29) on Thursday. The company has a debt-to-equity ratio of 3,077.61, a current ratio of 2.18 and a quick ratio of 1.97. The company has a market capitalization of £1.11 billion, a PE ratio of -586.67 and a beta of 0.12. Helios Towers has a one year low of GBX 96.95 ($1.18) and a one year high of GBX 148.20 ($1.81). The business has a 50 day simple moving average of GBX 110.55 and a 200 day simple moving average of GBX 112.44.

Helios Towers Company Profile

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Helios Towers plc, an independent tower company, acquires, builds, and operates telecommunications towers and passive infrastructure. It provides site space to mobile network operators and other telecommunications providers that in turn provide wireless voice and data services to consumers and businesses.