SDY has been the topic of several other reports. Liberum Capital reiterated a buy rating and issued a GBX 56 ($0.72) price objective on shares of Speedy Hire Plc in a research report on Friday, March 31st. Beaufort Securities reiterated a hold rating on shares of Speedy Hire Plc in a research report on Wednesday, February 8th. Finally, N+1 Singer reiterated a hold rating and issued a GBX 56 ($0.72) price objective on shares of Speedy Hire Plc in a research report on Thursday, February 9th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 62 ($0.80).
Speedy Hire Plc (LON:SDY) opened at 54.00 on Tuesday. Speedy Hire Plc has a 12 month low of GBX 29.50 and a 12 month high of GBX 56.00. The firm’s market capitalization is GBX 280.50 million. The firm’s 50-day moving average is GBX 53.13 and its 200 day moving average is GBX 49.87.
The firm also recently disclosed a dividend, which will be paid on Friday, August 11th. Stockholders of record on Thursday, July 6th will be paid a GBX 0.67 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, July 6th. This represents a dividend yield of 1.21%. This is a boost from Speedy Hire Plc’s previous dividend of $0.33.
In other news, insider Russell Down bought 141,035 shares of the company’s stock in a transaction dated Monday, March 6th. The shares were acquired at an average cost of GBX 48 ($0.62) per share, with a total value of £67,696.80 ($87,384.54). Also, insider David J. B. Shearer bought 50,000 shares of the company’s stock in a transaction dated Monday, March 20th. The stock was purchased at an average cost of GBX 49 ($0.63) per share, for a total transaction of £24,500 ($31,625.15).
Speedy Hire Plc 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.
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