Speedy Hire Plc (SDY) Receives “Buy” Rating from Liberum Capital

Liberum Capital restated their buy rating on shares of Speedy Hire Plc (LON:SDY) in a report issued on Friday morning. They currently have a GBX 49 ($0.64) price target on the stock.

A number of other equities analysts have also recently weighed in on SDY. Panmure Gordon reissued a buy rating and set a GBX 70 ($0.91) price objective on shares of Speedy Hire Plc in a report on Wednesday, July 13th. Peel Hunt raised Speedy Hire Plc to a hold rating and set a GBX 36 ($0.47) price objective on the stock in a report on Wednesday, July 13th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 44.17 ($0.58).

Speedy Hire Plc (LON:SDY) traded up 2.32% during mid-day trading on Friday, hitting GBX 36.58. The stock had a trading volume of 354,663 shares. The firm’s market cap is GBX 189.91 million. Speedy Hire Plc has a 52 week low of GBX 27.94 and a 52 week high of GBX 43.50. The company’s 50 day moving average price is GBX 35.92 and its 200 day moving average price is GBX 36.15.

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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