Speedy Hire Plc Receives Average Recommendation 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 presently covering the stock, Stock Ratings Network.com reports. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 67.67 ($1.15).
A number of research firms have recently commented on SDY. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Speedy Hire Plc in a research note on Wednesday, July 16th. They now have a GBX 67 ($1.14) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Speedy Hire Plc in a research note on Wednesday, July 16th. They now have a GBX 100 ($1.70) price target on the stock.
Shares of Speedy Hire Plc (LON:SDY) opened at 54.25 on Wednesday. Speedy Hire Plc has a one year low of GBX 48.345 and a one year high of GBX 83.00. The stock has a 50-day moving average of GBX 53.76 and a 200-day moving average of GBX 60.2. The company’s market cap is £278.3 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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