Berenberg Bank Reaffirms Buy Rating for S&U (LON:SUS)

S&U (LON:SUS)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a report released on Tuesday, Marketbeat Ratings reports. They presently have a GBX 2,310 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 21.90% from the company’s current price.

S&U Trading Up 0.3%

SUS opened at GBX 1,895 on Tuesday. The company has a debt-to-equity ratio of 113.78, a current ratio of 56.94 and a quick ratio of 58.00. S&U has a fifty-two week low of GBX 1,620 and a fifty-two week high of GBX 2,458.50. The company’s 50 day moving average price is GBX 1,969.98 and its two-hundred day moving average price is GBX 1,958.34. The firm has a market capitalization of £230.26 million, a price-to-earnings ratio of 9.71 and a beta of 0.56.

S&U (LON:SUS) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX 96.80 earnings per share (EPS) for the quarter. S&U had a net margin of 21.13% and a return on equity of 9.55%. As a group, research analysts predict that S&U will post 231.3253012 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Anthony M. V. Coombs sold 3,300 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of GBX 1,940, for a total value of £64,020. 62.01% of the stock is owned by insiders.

About S&U

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.