Speedy Hire Plc Stock Rating Reaffirmed by Panmure Gordon (SDY)
Speedy Hire Plc (LON:SDY)‘s stock had its “buy” rating restated by Panmure Gordon in a research note issued on Friday. They currently have a GBX 68 ($1.16) price target on the stock. Panmure Gordon’s price target would indicate a potential upside of 24.77% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Speedy Hire Plc in a research note on Thursday, June 19th. They now have a GBX 60 ($1.02) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe upgraded shares of Speedy Hire Plc to a “hold” rating in a research note on Tuesday, May 27th. They now have a GBX 55 ($0.94) price target on the stock, up previously from GBX 51 ($0.87). Finally, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Speedy Hire Plc in a research note on Tuesday, May 13th. They now have a GBX 51 ($0.87) price target on the stock. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 67.83 ($1.16).
Speedy Hire Plc (LON:SDY) opened at 54.75 on Friday. Speedy Hire Plc has a one year low of GBX 48.50 and a one year high of GBX 83.00. The stock has a 50-day moving average of GBX 54.54 and a 200-day moving average of GBX 61.51. The company’s market cap is £280.9 million.
Speedy Hire Plc is a provider of integrated equipment rental and support services. The Company provides these services to a range of clients across the infrastructure, industrial, construction and event markets both in the United Kingdom and internationally.
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