Speedy Hire’s (SDY) “Buy” Rating Reaffirmed at Liberum Capital

Speedy Hire (LON:SDY)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 74 ($0.97) target price on the stock. Liberum Capital’s target price would indicate a potential upside of 17.09% from the company’s current price.

Separately, Peel Hunt restated a “buy” rating on shares of Speedy Hire in a research report on Wednesday.

SDY traded up GBX 0.80 ($0.01) during trading on Wednesday, reaching GBX 63.20 ($0.83). The stock had a trading volume of 1,392,969 shares, compared to its average volume of 453,619. The stock has a market cap of $331.17 million and a PE ratio of 16.21. The company has a quick ratio of 1.10, a current ratio of 1.19 and a debt-to-equity ratio of 36.10. Speedy Hire has a one year low of GBX 53.40 ($0.70) and a one year high of GBX 66 ($0.86).

Speedy Hire Company Profile

Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom, Ireland, the United Arab Emirates, and internationally. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.

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