HSS Hire Group PLC (HSS) Reaches New 12-Month Low at $29.50

HSS Hire Group PLC (LON:HSS) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 29.50 ($0.39) and last traded at GBX 29.25 ($0.38), with a volume of 244353 shares changing hands. The stock had previously closed at GBX 29.25 ($0.38).

HSS has been the topic of a number of analyst reports. Peel Hunt reduced their price target on HSS Hire Group PLC from GBX 65 ($0.85) to GBX 40 ($0.53) and set a “hold” rating on the stock in a research report on Wednesday, August 30th. Beaufort Securities lowered HSS Hire Group PLC to a “hold” rating in a research report on Thursday, August 31st. Liberum Capital reissued a “sell” rating and set a GBX 46 ($0.61) target price on shares of HSS Hire Group PLC in a research report on Wednesday, August 30th. Finally, Numis Securities Ltd reissued an “under review” rating on shares of HSS Hire Group PLC in a research report on Wednesday, August 30th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 62.40 ($0.82).

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HSS Hire Group PLC Company Profile

HSS Hire Group plc provides tool and equipment hire and related services in the United Kingdom and Ireland through a network of over 300 locations across the nation. The Company’s business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market, with its businesses also supplying construction contractors.

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