Liberum Capital Reiterates Buy Rating for Hyder Consulting PLC (HYC)
Hyder Consulting PLC (LON:HYC)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a report issued on Wednesday. They currently have a GBX 520 ($8.92) price objective on the stock. Liberum Capital’s price objective would suggest a potential upside of 12.19% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of Hyder Consulting PLC in a research note on Wednesday, June 11th. They now have a GBX 510 ($8.75) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Hyder Consulting PLC in a research note on Wednesday, June 11th. They now have a GBX 538 ($9.23) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Hyder Consulting PLC in a research note on Wednesday, June 11th. They now have a GBX 485 ($8.32) price target on the stock. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 520.50 ($8.93).
Shares of Hyder Consulting PLC (LON:HYC) traded up 0.27% on Wednesday, hitting GBX 463.50. The stock had a trading volume of 82,598 shares. Hyder Consulting PLC has a one year low of GBX 394.00 and a one year high of GBX 695.00. The stock’s 50-day moving average is GBX 455.8 and its 200-day moving average is GBX 502.2. The company’s market cap is £178.9 million.
The company also recently announced a dividend, which is scheduled for Friday, August 8th. Investors of record on Wednesday, July 9th will be paid a dividend of GBX 8.50 ($0.15) per share. This represents a dividend yield of 1.87%. The ex-dividend date is Wednesday, July 9th.
Hyder Consulting PLC is a multinational design and engineering consultancy offering infrastructure, property, and environmental solutions.
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