Helios Towers (HTWS)

Sector:

Telecom Operators

Index:

FTSE 250

124.20p
   
  • Change Today:
    -0.40p
  • 52 Week High: 129.40p
  • 52 Week Low: 59.00p
  • Currency: UK Pounds
  • Shares Issued: 1,052.70m
  • Volume: 397,683
  • Market Cap: £1,307.45m
  • RiskGrade: 167

Berenberg slightly raises target price on Helios

By Iain Gilbert

Date: Thursday 09 May 2024

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg slightly raised their target price on telecommunications tower infrastructure company Helios Towers from 170.0p to 185.0p on Thursday, stating the group was now "poised for value creation".
Berenberg stated that following a period of "significant platform expansion", it believes Helios to be set for "strong returns" on incremental invested capital in the coming years.

"Combined with its attractive end-market growth dynamics, and now demonstrable protection from currency movements and inflation, as well as the prospect that 'higher for longer' rates may now be priced in, Helios offers highly attractive reward for its risk, in our view," said Berenberg, which reiterated its 'buy' rating on the stock.

"Helios will retain its focus on organic growth and co-location lease-up to drive improvements in ROIC out to FY26 - for which it has set a target tenancy ratio of 2.2x. Given Helios's recent performance, we are confident this is achievable."

The German bank added that Helios trades on a 7.6x FY24 enterprise value/underlying earnings ratio, by its estimates.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Helios Towers Market Data

Currency UK Pounds
Share Price 124.20p
Change Today -0.40p
% Change -0.32 %
52 Week High 129.40p
52 Week Low 59.00p
Volume 397,683
Shares Issued 1,052.70m
Market Cap £1,307.45m
RiskGrade 167

Helios Towers Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.53% above the market average20.53% above the market average20.53% above the market average20.53% above the market average20.53% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
82.58% above the market average82.58% above the market average82.58% above the market average82.58% above the market average82.58% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Income Not Available
Growth
48.71% above the market average48.71% above the market average48.71% above the market average48.71% above the market average48.71% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

Helios Towers Dividends

No dividends found

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 221,771 @ 124.20p
16:35 2,569 @ 124.20p
16:35 1,491 @ 124.20p
16:35 678 @ 124.20p
16:35 3,695 @ 124.20p

Helios Towers Key Personnel

Chair Samuel Esson Jonah
CEO Tom Greenwood

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