Numis Securities Ltd Lowers HSS Hire Group PLC (HSS) to Reduce
HSS Hire Group PLC (LON:HSS) was downgraded by Numis Securities Ltd to a ” reduce” rating in a research note issued on Thursday. They currently have a GBX 78 ($0.97) target price on the stock. Numis Securities Ltd’s price target suggests a potential downside of 17.89% from the company’s previous close.
A number of other equities research analysts have also issued reports on the company. Panmure Gordon began coverage on HSS Hire Group PLC in a research note on Tuesday, October 25th. They issued a “buy” rating and a GBX 115 ($1.44) target price for the company. Peel Hunt reissued a “hold” rating and issued a GBX 85 ($1.06) price target on shares of HSS Hire Group PLC in a report on Thursday. JPMorgan Chase & Co. increased their price target on HSS Hire Group PLC from GBX 70 ($0.87) to GBX 78 ($0.97) and gave the company an “underweight” rating in a report on Thursday, September 1st. Finally, Beaufort Securities reissued a “hold” rating on shares of HSS Hire Group PLC in a report on Thursday, September 1st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. HSS Hire Group PLC has a consensus rating of “Hold” and an average price target of GBX 81.50 ($1.02).
HSS Hire Group PLC (LON:HSS) traded down 6.05% on Thursday, hitting GBX 89.25. The stock had a trading volume of 3,712,806 shares. HSS Hire Group PLC has a 12-month low of GBX 1.60 and a 12-month high of GBX 110.00. The company’s 50 day moving average price is GBX 64.87 and its 200-day moving average price is GBX 57.73. The company’s market cap is GBX 138.12 million.
In other news, insider Quested,Paul bought 47,000 shares of HSS Hire Group PLC stock in a transaction on Wednesday, August 31st. The shares were bought at an average price of GBX 85 ($1.06) per share, with a total value of £39,950 ($49,912.54).
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HSS Hire Group PLC Company Profile
HSS Hire Group plc provides tool and equipment hire and related services in the United Kingdom and Ireland through a network of over 300 locations across the nation. The Company’s business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market, with its businesses also supplying construction contractors.
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