Beaufort Securities Downgrades HSS Hire Group PLC (HSS) to Hold
HSS Hire Group PLC (LON:HSS) was downgraded by investment analysts at Beaufort Securities to a “hold” rating in a research report issued to clients and investors on Thursday.
Other analysts have also issued reports about the stock. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 115 ($1.49) price target on shares of HSS Hire Group PLC in a research note on Tuesday, July 4th. Peel Hunt reduced their price target on shares of HSS Hire Group PLC from GBX 65 ($0.84) to GBX 40 ($0.52) and set a “hold” rating for the company in a research note on Wednesday. Liberum Capital reaffirmed a “sell” rating and issued a GBX 46 ($0.59) price target on shares of HSS Hire Group PLC in a research note on Tuesday, July 4th. Numis Securities Ltd reaffirmed an “under review” rating on shares of HSS Hire Group PLC in a research note on Wednesday. Finally, J P Morgan Chase & Co reduced their price target on shares of HSS Hire Group PLC from GBX 65 ($0.84) to GBX 60 ($0.78) and set an “underweight” rating for the company in a research note on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. HSS Hire Group PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 65.60 ($0.85).
Shares of HSS Hire Group PLC (LON:HSS) opened at 45.25 on Thursday. The stock’s 50 day moving average is GBX 53.95 and its 200-day moving average is GBX 58.17. HSS Hire Group PLC has a 52-week low of GBX 43.25 and a 52-week high of GBX 96.00. The firm’s market capitalization is GBX 77.02 million.
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About HSS Hire Group PLC
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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