Hyder Consulting PLC Given Buy Rating at Numis Securities Ltd (HYC)
Hyder Consulting PLC (LON:HYC)‘s stock had its “buy” rating restated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday, AmericanBankingNews.com reports. They currently have a GBX 585 ($9.83) target price on the stock. Numis Securities Ltd’s price target suggests a potential upside of 26.69% from the company’s current price.
Hyder Consulting PLC (LON:HYC) traded down 1.70% during mid-day trading on Thursday, hitting GBX 461.75. The stock had a trading volume of 5,847 shares. Hyder Consulting PLC has a 52-week low of GBX 394.00 and a 52-week high of GBX 695.00. The stock has a 50-day moving average of GBX 457. and a 200-day moving average of GBX 544.9. The company’s market cap is £178.1 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Hyder Consulting PLC in a research note on Thursday, April 3rd. They now have a GBX 538 ($9.04) price target on the stock. Separately, analysts at Investec upgraded shares of Hyder Consulting PLC to a “buy” rating in a research note on Thursday, April 3rd. They now have a GBX 510 ($8.57) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Hyder Consulting PLC in a research note on Thursday, April 3rd. They now have a GBX 485 ($8.15) price target on the stock. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Hyder Consulting PLC presently has an average rating of “Buy” and an average target price of GBX 520.60 ($8.75).
Hyder Consulting PLC is a multinational design and engineering consultancy offering infrastructure, property, and environmental solutions.
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