Speedy Hire Plc Receives “Buy” Rating from Liberum Capital (SDY)
Speedy Hire Plc (LON:SDY)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a report released on Tuesday, Stock Ratings News reports.
Shares of Speedy Hire Plc (LON:SDY) traded up 2.32% during mid-day trading on Tuesday, hitting GBX 63.4375. The stock had a trading volume of 270,424 shares. Speedy Hire Plc has a 52 week low of GBX 37.00 and a 52 week high of GBX 71.75. The stock has a 50-day moving average of GBX 63.18 and a 200-day moving average of GBX 62.43. The company’s market cap is £322.3 million.
A number of other analysts have also recently weighed in on SDY. Analysts at Cantor Fitzgerald Europe raised their price target on shares of Speedy Hire Plc from GBX 45 ($0.74) to GBX 58 ($0.96) in a research note to investors on Monday, January 20th. They now have a “sell” rating on the stock. Separately, 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 ($1.14) price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Speedy Hire Plc from GBX 52 ($0.86) to GBX 69 ($1.14) in a research note to investors on Thursday, December 19th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 63 ($1.04).
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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