Speedy Hire Plc (LON:SDY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 61.50 ($0.82) and last traded at GBX 61.17 ($0.82), with a volume of 55481 shares. The stock had previously closed at GBX 61.25 ($0.82).
A number of equities research analysts have issued reports on the stock. N+1 Singer reiterated a “buy” rating on shares of Speedy Hire in a research note on Friday, November 24th. Liberum Capital restated a “buy” rating and issued a GBX 71 ($0.95) price target on shares of Speedy Hire in a research note on Friday, November 24th. Peel Hunt restated a “buy” rating and issued a GBX 65 ($0.87) price target on shares of Speedy Hire in a research note on Friday, November 24th. Finally, Beaufort Securities restated a “hold” rating on shares of Speedy Hire in a research note on Wednesday, September 20th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 67.25 ($0.90).
The stock has a market capitalization of $320.31 and a P/E ratio of 3,058.50.
About Speedy Hire
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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