Liberum Capital Reiterates “Buy” Rating for Speedy Hire (SDY)
Speedy Hire (LON:SDY)‘s stock had its “buy” rating reissued by Liberum Capital in a research report issued to clients and investors on Monday. They presently have a GBX 74 ($1.00) price objective on the stock. Liberum Capital’s target price indicates a potential upside of 32.62% from the stock’s current price.
Other equities analysts have also recently issued reports about the stock. N+1 Singer reissued a “buy” rating and issued a GBX 63 ($0.85) price objective on shares of Speedy Hire in a research note on Tuesday, September 19th. Peel Hunt reissued a “buy” rating and issued a GBX 60 ($0.81) price objective on shares of Speedy Hire in a research note on Tuesday, September 19th. Finally, Beaufort Securities reissued a “hold” rating on shares of Speedy Hire in a research note on Wednesday, September 20th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 68 ($0.92).
Shares of Speedy Hire (LON SDY) opened at GBX 56.12 ($0.76) on Monday. Speedy Hire has a fifty-two week low of GBX 46 ($0.62) and a fifty-two week high of GBX 63.20 ($0.86). The stock has a market capitalization of $293.89 and a P/E ratio of 2,806.00.
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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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