Canaccord Genuity Group Reiterates Buy Rating for SDI Group (LON:SDI)

SDI Group (LON:SDIGet Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity Group in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 145 price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 54.42% from the company’s previous close.

SDI Group Stock Performance

Shares of LON:SDI opened at GBX 93.90 on Wednesday. The company has a market cap of £98.19 million, a P/E ratio of 21.69 and a beta of 1.10. SDI Group has a one year low of GBX 60 and a one year high of GBX 105. The business’s 50-day simple moving average is GBX 86.08 and its 200 day simple moving average is GBX 80.57. The company has a debt-to-equity ratio of 50.63, a quick ratio of 0.79 and a current ratio of 2.23.

SDI Group (LON:SDIGet Free Report) last announced its earnings results on Wednesday, July 29th. The company reported GBX 4.70 earnings per share for the quarter. SDI Group had a net margin of 6.62% and a return on equity of 9.07%. On average, sell-side analysts forecast that SDI Group will post 6.002265 earnings per share for the current fiscal year.

About SDI Group

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SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges.

It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.

Its portfolio of businesses serves a broad spectrum of specialised markets, ranging from advanced industrial technologies (aerospace & defence, manufacturing, semiconductors and precision measurement) to scientific and medical applications (life sciences, healthcare, astronomy).

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