Beaufort Securities Reiterates Hold Rating for Speedy Hire Plc (SDY)
Speedy Hire Plc (LON:SDY)‘s stock had its “hold” rating restated by Beaufort Securities in a research report issued on Wednesday.
Several other research analysts have also recently issued reports on SDY. N+1 Singer reaffirmed a “buy” rating and issued a GBX 63 ($0.85) price target on shares of Speedy Hire Plc in a report on Tuesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 60 ($0.81) price target on shares of Speedy Hire Plc in a report on Tuesday. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 62 ($0.84) price target on shares of Speedy Hire Plc in a report on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 63.75 ($0.86).
Shares of Speedy Hire Plc (SDY) opened at 52.25 on Wednesday. Speedy Hire Plc has a 12-month low of GBX 33.00 and a 12-month high of GBX 60.00. The firm’s market cap is GBX 271.41 million. The company has a 50 day moving average price of GBX 53.60 and a 200-day moving average price of GBX 53.75.
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In related news, insider David N. C. Garman purchased 50,000 shares of the company’s stock in a transaction on Thursday, July 13th. The shares were bought at an average price of GBX 56 ($0.76) per share, with a total value of £28,000 ($37,751.11).
Speedy Hire Plc Company Profile
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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