S&U (LON:SUS) Receives Buy Rating from Berenberg Bank

S&U (LON:SUS)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 2,310 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 17.26% from the stock’s current price.

S&U Stock Performance

Shares of S&U stock opened at GBX 1,970 on Wednesday. The firm has a market cap of £239.37 million, a PE ratio of 10.09 and a beta of 0.56. The firm’s 50-day simple moving average is GBX 1,963.26 and its 200-day simple moving average is GBX 2,009.45. The company has a debt-to-equity ratio of 97.18, a quick ratio of 58.00 and a current ratio of 1,290.95. S&U has a 1 year low of GBX 1,620 and a 1 year high of GBX 2,458.50.

Insider Activity

In other S&U news, insider Anthony M. V. Coombs sold 3,300 shares of the stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of GBX 1,940, for a total transaction of £64,020. Also, insider Graham Coombs sold 2,500 shares of S&U stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of GBX 1,945, for a total value of £48,625. Over the last three months, insiders sold 9,800 shares of company stock valued at $18,884,500. 61.40% of the stock is owned by corporate insiders.

S&U Company Profile

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.