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Helios Towers Appoints Deutsche Numis as Joint Corporate Broker

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Helios Towers Appoints Deutsche Numis as Joint Corporate Broker

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Helios Towers ( (GB:HTWS) ) has issued an update.

Helios Towers has appointed Deutsche Numis as a joint corporate broker alongside Bank of America and Jefferies. This strategic move is expected to enhance the company’s financial advisory capabilities and strengthen its market positioning, potentially impacting its operations and stakeholder interests positively.

The most recent analyst rating on (GB:HTWS) stock is a Hold with a £133.00 price target. To see the full list of analyst forecasts on Helios Towers stock, see the GB:HTWS Stock Forecast page.

Spark’s Take on GB:HTWS Stock

According to Spark, TipRanks’ AI Analyst, GB:HTWS is a Neutral.

Helios Towers’ overall stock score is driven by strong technical momentum and positive earnings call sentiment, indicating a solid strategic position. However, financial risks from high leverage and valuation concerns due to a high P/E ratio moderate the score.

To see Spark’s full report on GB:HTWS stock, click here.

More about Helios Towers

Helios Towers is a leading independent telecommunications infrastructure company with a significant presence in Africa and the Middle East. It specializes in building, owning, and operating telecom passive infrastructure, providing services to mobile network operators. The company owns and operates over 14,000 telecommunication tower sites across nine countries and has pioneered a model of acquiring towers from single operators to offer services to multiple operators.

Average Trading Volume: 2,235,038

Technical Sentiment Signal: Buy

Current Market Cap: £1.4B

See more data about HTWS stock on TipRanks’ Stock Analysis page.

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