Speedy Hire Plc Given Buy Rating at Liberum Capital (SDY)
Speedy Hire Plc (LON:SDY)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Friday, Stock Ratings Network.com reports. They currently have a GBX 67 ($1.10) target price on the stock. Liberum Capital’s price target would indicate a potential downside of 1.74% from the stock’s previous close.
SDY has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Speedy Hire Plc in a research note to investors on Monday, January 6th. They now have a GBX 69 ($1.13) price target on the stock. Finally, analysts at RBC Capital downgraded shares of Speedy Hire Plc to a “sector performer” rating in a research note to investors on Wednesday, December 4th. They now have a GBX 51 ($0.84) price target on the stock, down previously from GBX 70 ($1.15). Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 58.50 ($0.96).
Shares of Speedy Hire Plc (LON:SDY) opened at 68.1861 on Friday. Speedy Hire Plc has a 1-year low of GBX 37.00 and a 1-year high of GBX 71.75. The stock’s 50-day moving average is GBX 60.29 and its 200-day moving average is GBX 61.87. The company’s market cap is £346.4 million.
Speedy Hire Plc is a holding company. The Company is engaged in the provision of equipment for hire and sale, and associated services to the construction, infrastructure, industrial and related industries.
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