Liberum Capital Reiterates “Buy” Rating for Speedy Hire Plc (SDY)
Speedy Hire Plc (LON:SDY)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a research note issued to investors on Friday. They currently have a GBX 71 ($0.93) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 26.79% from the company’s previous close.
A number of other analysts have also weighed in on the company. Beaufort Securities reissued a “hold” rating on shares of Speedy Hire in a research note on Wednesday, September 20th. Peel Hunt increased their price objective on Speedy Hire from GBX 60 ($0.79) to GBX 65 ($0.85) and gave the company a “buy” rating in a research note on Tuesday, November 14th. Finally, N+1 Singer reissued a “buy” rating and set a GBX 63 ($0.83) price objective on shares of Speedy Hire in a research note on Tuesday, September 19th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Speedy Hire has a consensus rating of “Buy” and a consensus target price of GBX 67.25 ($0.88).
Shares of Speedy Hire (LON SDY) opened at GBX 56 ($0.74) on Friday. Speedy Hire has a 52 week low of GBX 42 ($0.55) and a 52 week high of GBX 60 ($0.79).
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Speedy Hire 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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