HSS Hire Group PLC (LON:HSS) had its target price reduced by Peel Hunt from GBX 65 ($0.84) to GBX 40 ($0.52) in a research report released on Wednesday, August 30th. They currently have a hold rating on the stock.
Other equities analysts have also issued research reports about the company. Liberum Capital reaffirmed a sell rating and issued a GBX 46 ($0.59) price objective on shares of HSS Hire Group PLC in a research note on Wednesday, May 24th. J P Morgan Chase & Co dropped their price objective on HSS Hire Group PLC from GBX 65 ($0.84) to GBX 60 ($0.77) and set an underweight rating for the company in a research note on Wednesday, July 5th. Panmure Gordon reaffirmed a buy rating and issued a GBX 115 ($1.49) price objective on shares of HSS Hire Group PLC in a research note on Tuesday, July 4th. Finally, Numis Securities Ltd reaffirmed an under review rating on shares of HSS Hire Group PLC in a research note on Wednesday, August 30th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. HSS Hire Group PLC has an average rating of Hold and an average target price of GBX 62.40 ($0.81).
Shares of HSS Hire Group PLC (LON HSS) traded down 3.18% on Wednesday, reaching GBX 38.00. The company’s stock had a trading volume of 1,650 shares. The stock’s market cap is GBX 64.68 million. The firm’s 50-day moving average price is GBX 49.66 and its 200-day moving average price is GBX 55.92. HSS Hire Group PLC has a 12 month low of GBX 37.00 and a 12 month high of GBX 96.00.
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About HSS Hire Group PLC
HSS Hire Group plc provides tool and equipment hire and related services in the United Kingdom and Ireland through a network of over 300 locations across the nation. The Company’s business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market, with its businesses also supplying construction contractors.
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