Speedy Hire Plc Receives Average Rating of “Hold” from Analysts (LON:SDY)
Shares of Speedy Hire Plc (LON:SDY) have received an average rating of “Hold” from the eight ratings firms that are covering the stock, Analyst Ratings Network.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 71.20 ($1.20).
A number of research firms have recently commented on SDY. Analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Speedy Hire Plc in a research note on Tuesday. They now have a GBX 51 ($0.86) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Speedy Hire Plc in a research note on Tuesday. They now have a GBX 100 ($1.68) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Speedy Hire Plc in a research note on Friday. They now have a GBX 81 ($1.36) price target on the stock.
Shares of Speedy Hire Plc (LON:SDY) traded up 3.57% on Tuesday, hitting GBX 58.00. 1,877,526 shares of the company’s stock traded hands. Speedy Hire Plc has a one year low of GBX 48.25 and a one year high of GBX 83.00. The stock’s 50-day moving average is GBX 57.83 and its 200-day moving average is GBX 63.40. The company’s market cap is £294.6 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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