Speedy Hire’s (SDY) Buy Rating Reaffirmed at Liberum Capital

Speedy Hire (LON:SDY)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a report released on Wednesday, Digital Look reports. They presently have a GBX 74 ($0.97) price target on the stock. Liberum Capital’s price target would suggest a potential upside of 16.13% from the stock’s previous close.

Separately, Peel Hunt reissued a “buy” rating on shares of Speedy Hire in a research note on Monday, May 6th.

Shares of SDY opened at GBX 63.72 ($0.83) on Wednesday. Speedy Hire has a 52-week low of GBX 53.40 ($0.70) and a 52-week high of GBX 66 ($0.86). The company has a current ratio of 1.19, a quick ratio of 1.10 and a debt-to-equity ratio of 36.10. The company has a market capitalization of $327.97 million and a price-to-earnings ratio of 16.34.

In other news, insider David J. B. Shearer bought 100,000 shares of the stock in a transaction dated Wednesday, May 15th. The shares were bought at an average cost of GBX 64 ($0.84) per share, with a total value of £64,000 ($83,627.34).

Speedy Hire Company Profile

Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom, Ireland, the United Arab Emirates, and internationally. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.

Featured Story: Stock Selection – What is cash flow?

Receive News & Ratings for Speedy Hire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Speedy Hire and related companies with MarketBeat.com's FREE daily email newsletter.