Speedy Hire Plc’s (SDY) Hold Rating Reaffirmed at N+1 Singer
N+1 Singer reissued their hold rating on shares of Speedy Hire Plc (LON:SDY) in a research report report published on Friday morning. N+1 Singer currently has a GBX 35 ($0.46) price objective on the stock.
A number of other analysts have also issued reports on SDY. Liberum Capital reissued a buy rating and issued a GBX 49 ($0.64) target price on shares of Speedy Hire Plc in a research report on Friday, August 26th. Panmure Gordon reaffirmed a buy rating and set a GBX 70 ($0.91) price objective on shares of Speedy Hire Plc in a research report on Wednesday, July 13th. Finally, Peel Hunt raised Speedy Hire Plc to a hold rating and set a GBX 36 ($0.47) price objective on the stock in a research report on Wednesday, July 13th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Speedy Hire Plc has an average rating of Hold and a consensus target price of GBX 44.17 ($0.58).
Shares of Speedy Hire Plc (LON:SDY) traded up 2.32% during mid-day trading on Friday, reaching GBX 36.58. The company’s stock had a trading volume of 354,663 shares. Speedy Hire Plc has a one year low of GBX 27.94 and a one year high of GBX 43.50. The stock’s market cap is GBX 189.91 million. The stock has a 50 day moving average of GBX 35.92 and a 200-day moving average of GBX 36.15.
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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