Speedy Hire Plc (SDY) Rating Reiterated by N+1 Singer
Speedy Hire Plc (LON:SDY)‘s stock had its “hold” rating restated by equities research analysts at N+1 Singer in a research report issued to clients and investors on Friday. They presently have a GBX 35 ($0.46) price objective on the stock. N+1 Singer’s price objective suggests a potential downside of 3.45% from the stock’s current price.
Several other research firms also recently weighed in on SDY. Liberum Capital reaffirmed a “buy” rating and issued a GBX 49 ($0.64) price objective on shares of Speedy Hire Plc in a report on Friday. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 70 ($0.91) price objective on shares of Speedy Hire Plc in a report on Wednesday, July 13th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 36 ($0.47) price objective on shares of Speedy Hire Plc in a report on Friday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 44.17 ($0.58).
Shares of Speedy Hire Plc (LON:SDY) opened at 37.75 on Friday. The stock’s market capitalization is GBX 195.98 million. Speedy Hire Plc has a one year low of GBX 27.94 and a one year high of GBX 43.50. The stock’s 50 day moving average is GBX 35.70 and its 200-day moving average is GBX 36.17.
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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