Speedy Hire Plc 25.8% potential upside indicated by Liberum Capital

Broker Ratings

Speedy Hire Plc with ticker (LON:SDY) now has a potential upside of 25.8% according to Liberum Capital.

Liberum Capital set a target price of 90 GBX for the company, which when compared to the Speedy Hire Plc share price of 67 GBX at opening today (25/11/2021) indicates a potential upside of 25.8%. Trading has ranged between 60 (52 week low) and 82 (52 week high) with an average of 1,405,882 shares exchanging hands daily. The market capitalisation at the time of writing is £352,070,825.

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. Its geographical segments include UK, Ireland and Other countries. It operates across the construction, infrastructure and industrial markets. Its hire fleet comprises a range of small tools, specialist equipment, and large plant vehicles and machinery. It also retails a range of tools and equipment, as well as safety personal protective equipment (PPE) and site supplies. It also offers various services, such as on-site operative training, test and repair, fuel supply and management, industrial shutdown project management, on-site depots and hire desks. It also offers partnered services.

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