S&U (LON:SUS) Earns “Buy” Rating from Berenberg Bank

S&U (LON:SUS)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a report issued on Wednesday,Digital Look reports. They presently have a GBX 2,310 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 17.26% from the company’s current price.

S&U Price Performance

SUS opened at GBX 1,970 on Wednesday. S&U has a twelve month low of GBX 1,620 and a twelve month high of GBX 2,458.50. The firm has a market cap of £239.37 million, a price-to-earnings ratio of 10.09 and a beta of 0.56. The company has a current ratio of 1,290.95, a quick ratio of 58.00 and a debt-to-equity ratio of 97.18. The company has a fifty day simple moving average of GBX 1,963.26 and a 200 day simple moving average of GBX 2,009.45.

Insider Activity

In related news, insider Anthony M. V. Coombs sold 3,300 shares of the business’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of GBX 1,940, for a total value of £64,020. Also, insider Graham Coombs sold 2,500 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of GBX 1,945, for a total value of £48,625. Insiders have sold 9,800 shares of company stock valued at $18,884,500 over the last 90 days. Insiders own 61.40% of the company’s stock.

About S&U

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.