Hyder Consulting PLC Receives “Hold” Rating from N+1 Singer (HYC)
Hyder Consulting PLC (LON:HYC)‘s stock had its “hold” rating reaffirmed by stock analysts at N+1 Singer in a report issued on Friday. They currently have a GBX 485 ($8.16) target price on the stock. N+1 Singer’s target price points to a potential downside of 30.32% from the stock’s previous close.
Hyder Consulting PLC (LON:HYC) traded up 7.92% during mid-day trading on Friday, hitting GBX 696.055. The stock had a trading volume of 2,463,183 shares. Hyder Consulting PLC has a 52-week low of GBX 394.00 and a 52-week high of GBX 709.02. The stock’s 50-day moving average is GBX 499.4 and its 200-day moving average is GBX 484.0. The company’s market cap is £268.6 million.
A number of other analysts have also recently weighed in on HYC. Analysts at Liberum Capital reiterated a “buy” rating on shares of Hyder Consulting PLC in a research note on Wednesday, July 9th. They now have a GBX 520 ($8.75) price target on the stock. Finally, 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 ($8.58) price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 547.17 ($9.21).
Hyder Consulting PLC is a multinational design and engineering consultancy offering infrastructure, property, and environmental solutions.
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