Liberum Capital reaffirmed their buy rating on shares of Speedy Hire (LON:SDY) in a research report sent to investors on Monday morning. They currently have a GBX 74 ($1.00) price objective on the stock.
A number of other brokerages have also recently issued reports on SDY. N+1 Singer restated a buy rating and issued a GBX 63 ($0.85) target price on shares of Speedy Hire in a report on Tuesday, November 14th. Peel Hunt lifted their target price on Speedy Hire from GBX 60 ($0.81) to GBX 65 ($0.88) and gave the stock a buy rating in a report on Tuesday, November 14th. Finally, Beaufort Securities restated a hold rating on shares of Speedy Hire in a report on Wednesday, September 20th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of GBX 68 ($0.92).
Speedy Hire (SDY) opened at GBX 57.85 ($0.78) on Monday. The stock has a market capitalization of $300.60 and a price-to-earnings ratio of 2,892.53. Speedy Hire has a 1-year low of GBX 46 ($0.62) and a 1-year high of GBX 63.20 ($0.86).
The firm also recently announced a dividend, which will be paid on Friday, January 26th. Stockholders of record on Thursday, December 14th will be given a GBX 0.50 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a dividend yield of 0.89%.
Speedy Hire 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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