Helios Towers (LON:HTWS) Given Buy Rating at Berenberg Bank

Helios Towers (LON:HTWS)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 195 ($2.54) target price on the stock. Berenberg Bank’s price target points to a potential upside of 82.24% from the company’s previous close.

Helios Towers Trading Down 1.5 %

Shares of HTWS traded down GBX 1.60 ($0.02) during midday trading on Thursday, hitting GBX 107 ($1.39). The stock had a trading volume of 666,381 shares, compared to its average volume of 1,589,823. Helios Towers has a 1 year low of GBX 62.90 ($0.82) and a 1 year high of GBX 134 ($1.74). The company has a debt-to-equity ratio of 17,889.32, a current ratio of 1.24 and a quick ratio of 1.97. The stock’s 50 day moving average is GBX 111.30 and its 200 day moving average is GBX 116.12. The firm has a market cap of £1.12 billion, a PE ratio of -1,783.33 and a beta of 0.50.

About Helios Towers

Helios Towers plc, an independent tower company, acquires, builds, and operates telecommunications towers and passive infrastructure. It provides colocation lease-up, build-to-suit, sale and leaseback, in-building, small cells/outdoor distributed antenna system, and other managed services. The company also offers passive infrastructure solutions, including site selection, site preparation, maintenance, security, and power management, as well as engages in hosting of active equipment, such as antennae.