Speedy Hire Plc (LON:SDY)‘s stock had its “hold” rating reaffirmed by investment analysts at Beaufort Securities in a research report issued on Wednesday.

Several other analysts also recently weighed in on SDY. Panmure Gordon restated a “buy” rating and set a GBX 70 ($0.90) price objective on shares of Speedy Hire Plc in a research report on Tuesday. Peel Hunt restated a “buy” rating and set a GBX 60 ($0.77) price objective on shares of Speedy Hire Plc in a research report on Tuesday. Liberum Capital increased their target price on Speedy Hire Plc from GBX 56 ($0.72) to GBX 62 ($0.80) and gave the company a “buy” rating in a research report on Tuesday. Finally, N+1 Singer reiterated a “hold” rating and issued a GBX 56 ($0.72) target price on shares of Speedy Hire Plc in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 57.60 ($0.74).

Analyst Recommendations for Speedy Hire Plc (LON:SDY)

Speedy Hire Plc (LON:SDY) remained flat at GBX 54.00 during trading on Wednesday. The stock had a trading volume of 630,298 shares. Speedy Hire Plc has a 12 month low of GBX 29.50 and a 12 month high of GBX 56.00. The firm has a 50 day moving average of GBX 53.08 and a 200-day moving average of GBX 49.84. The company’s market capitalization is GBX 279.04 million.

The company also recently announced a dividend, which will be paid on Friday, August 11th. Shareholders of record on Thursday, July 6th will be given a GBX 0.67 ($0.01) dividend. The ex-dividend date is Thursday, July 6th. This is an increase from Speedy Hire Plc’s previous dividend of $0.33. This represents a yield of 1.21%.

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In other news, insider David J. B. Shearer bought 50,000 shares of the company’s stock in a transaction on Monday, March 20th. The stock was purchased at an average cost of GBX 49 ($0.63) per share, for a total transaction of £24,500 ($31,625.15). Also, insider Russell Down bought 141,035 shares of the company’s stock in a transaction on Monday, March 6th. The stock was purchased at an average price of GBX 48 ($0.62) per share, with a total value of £67,696.80 ($87,384.54).

Speedy Hire Plc Company Profile

Speedy Hire Plc is a tools, equipment and plant hire services company. The Company’s segments include UK & Ireland Asset Services and International Asset Services. UK & Ireland Asset Services delivers asset management and focuses on relationship management. International Asset Services delivers overseas projects and facilities management contracts by providing a managed site support service.

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