Speedy Hire Plc (LON:SDY)‘s stock had its “buy” rating reiterated by equities research analysts at N+1 Singer in a note issued to investors on Tuesday. They currently have a GBX 63 ($0.85) price objective on the stock. N+1 Singer’s target price indicates a potential upside of 22.93% from the stock’s previous close.
SDY has been the subject of a number of other research reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 62 ($0.84) target price on shares of Speedy Hire Plc in a research report on Tuesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 60 ($0.81) target price on shares of Speedy Hire Plc in a research report on Tuesday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 63.75 ($0.86).
Speedy Hire Plc (SDY) opened at 53.75 on Tuesday. The firm’s 50-day moving average is GBX 53.65 and its 200-day moving average is GBX 53.74. The firm’s market cap is GBX 279.20 million. Speedy Hire Plc has a 52-week low of GBX 33.00 and a 52-week high of GBX 60.00.
In other news, insider David N. C. Garman acquired 50,000 shares of the firm’s stock in a transaction dated Thursday, July 13th. The stock was bought at an average price of GBX 56 ($0.76) per share, with a total value of £28,000 ($37,751.11).
About Speedy Hire Plc
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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