Peel Hunt Boosts Speedy Hire Plc (SDY) Price Target to GBX 65
Speedy Hire Plc (LON:SDY) had its price objective increased by analysts at Peel Hunt from GBX 60 ($0.79) to GBX 65 ($0.85) in a research note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price objective indicates a potential upside of 15.04% from the stock’s current price.
Other analysts have also recently issued research reports about the company. Liberum Capital lifted their price target on Speedy Hire Plc from GBX 62 ($0.82) to GBX 71 ($0.93) and gave the stock a “buy” rating in a research report on Tuesday. Beaufort Securities reissued a “hold” rating on shares of Speedy Hire Plc in a report on Wednesday, September 20th. Finally, N+1 Singer reissued a “buy” rating and issued a GBX 63 ($0.83) price objective on shares of Speedy Hire Plc in a report on Tuesday, September 19th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 67.25 ($0.88).
Shares of Speedy Hire Plc (SDY) opened at GBX 56.50 ($0.74) on Tuesday. Speedy Hire Plc has a 52-week low of GBX 36.25 ($0.48) and a 52-week high of GBX 60 ($0.79).
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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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