S&U’s (SUS) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of S&U (LON:SUS) in a report released on Wednesday,Digital Look reports. They currently have a GBX 2,310 target price on the stock.

S&U Stock Up 1.3%

SUS stock opened at GBX 2,000 on Wednesday. The company has a 50 day moving average of GBX 1,963.26 and a two-hundred day moving average of GBX 2,003.51. The company has a market cap of £243.02 million, a price-to-earnings ratio of 10.25 and a beta of 0.56. S&U has a 12-month low of GBX 1,620 and a 12-month high of GBX 2,458.50. The company has a quick ratio of 58.00, a current ratio of 1,290.95 and a debt-to-equity ratio of 97.18.

Insiders Place Their Bets

In other news, insider Graham Coombs sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of GBX 1,945, for a total transaction of £48,625. Also, insider Anthony M. V. Coombs sold 3,300 shares of S&U stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of GBX 1,940, for a total value of £64,020. In the last three months, insiders have sold 9,800 shares of company stock valued at $18,884,500. Insiders own 61.40% of the company’s stock.

S&U Company Profile

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.