Speedy Hire Plc (SDY) Earns Buy Rating from N+1 Singer

N+1 Singer reiterated their buy rating on shares of Speedy Hire Plc (LON:SDY) in a research note released on Friday.

A number of other analysts have also commented on the stock. Liberum Capital boosted their price target on shares of Speedy Hire from GBX 62 ($0.83) to GBX 71 ($0.95) and gave the company a buy rating in a research note on Tuesday, November 14th. Beaufort Securities restated a hold rating on shares of Speedy Hire in a research note on Wednesday, September 20th. Finally, Peel Hunt boosted their price target on shares of Speedy Hire from GBX 60 ($0.80) to GBX 65 ($0.87) and gave the company a buy rating in a research note on Tuesday, November 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of GBX 67.25 ($0.90).

Shares of Speedy Hire (LON SDY) opened at GBX 56.25 ($0.75) on Friday. Speedy Hire has a one year low of GBX 42 ($0.56) and a one year high of GBX 60 ($0.80).

The company also recently announced a dividend, which will be paid on Friday, January 26th. Stockholders of record on Thursday, December 14th will be paid 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%.

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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.

Analyst Recommendations for Speedy Hire (LON:SDY)

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