Speedy Hire Plc (SDY) Stock Rating Reaffirmed by Peel Hunt
Speedy Hire Plc (LON:SDY)‘s stock had its “hold” rating restated by investment analysts at Peel Hunt in a research note issued on Friday. They currently have a GBX 36 ($0.47) target price on the stock. Peel Hunt’s price target suggests a potential upside of 6.67% from the company’s previous close.
A number of other research firms have also weighed in on SDY. Liberum Capital reissued a “buy” rating and set a GBX 49 ($0.64) price objective on shares of Speedy Hire Plc in a research note on Monday, August 15th. Panmure Gordon reissued a “buy” rating and set a GBX 70 ($0.91) price objective on shares of Speedy Hire Plc in a research note on Wednesday, July 13th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of GBX 46.67 ($0.61).
Speedy Hire Plc (LON:SDY) opened at 33.75 on Friday. The company has a 50-day moving average of GBX 35.92 and a 200-day moving average of GBX 36.15. Speedy Hire Plc has a one year low of GBX 27.94 and a one year high of GBX 43.50. The company’s market cap is GBX 175.22 million.
About Speedy Hire Plc
Speedy Hire Plc is a tools, equipment and plant hire services company. The Company’s segments include UK & Ireland Asset Services and International Asset Services. UK & Ireland Asset Services delivers asset management and focuses on relationship management. International Asset Services delivers overseas projects and facilities management contracts by providing a managed site support service.
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