Helios Towers’ (HTWS) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Helios Towers (LON:HTWS) in a research report report published on Thursday, Marketbeat.com reports. Berenberg Bank currently has a GBX 195 ($2.54) price objective on the stock.

Helios Towers Price Performance

Shares of LON:HTWS opened at GBX 109 ($1.42) on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.97 and a debt-to-equity ratio of 17,889.32. Helios Towers has a 1 year low of GBX 62.90 ($0.82) and a 1 year high of GBX 134 ($1.74). The business has a fifty day simple moving average of GBX 110.90 and a 200 day simple moving average of GBX 116.09. The firm has a market cap of £1.14 billion, a price-to-earnings ratio of -1,816.67 and a beta of 0.50.

Helios Towers Company Profile

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.