SDI Group’s (SDI) Buy Rating Reaffirmed at Canaccord Genuity Group

SDI Group (LON:SDI)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a report released on Tuesday,London Stock Exchange reports. They currently have a GBX 145 target price on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 75.54% from the company’s current price.

SDI Group Stock Performance

LON SDI opened at GBX 82.60 on Tuesday. The company has a debt-to-equity ratio of 50.63, a current ratio of 2.23 and a quick ratio of 0.79. The firm has a market capitalization of £86.38 million, a price-to-earnings ratio of 19.08 and a beta of 1.08. The company’s fifty day moving average is GBX 76.43 and its two-hundred day moving average is GBX 77.20. SDI Group has a 52-week low of GBX 60 and a 52-week high of GBX 105.

About SDI Group

About SDI Group plc:

SDl Group plc specialises in the acquisition and development of companies that design and manufacture products for use in the lab equipment, industrial & scientific sensors and the industrial & scientific products markets. SDI’s current portfolio of 14 companies target markets including life sciences, healthcare, astronomy, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation.

SDI’s growth strategy is twofold: 1) through the enhancement of its portfolio companies (organic growth) and, 2) through the identification and acquisition of complementary, niche technology businesses with established reputations in global markets (inorganic growth).