Berenberg Bank Reaffirms “Buy” Rating for S&U (LON:SUS)

S&U (LON:SUS)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a GBX 2,310 price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 22.87% from the company’s current price.

S&U Trading Down 0.8%

Shares of S&U stock opened at GBX 1,880 on Tuesday. S&U has a 52-week low of GBX 1,620 and a 52-week high of GBX 2,458.50. The stock’s 50-day simple moving average is GBX 1,967.88 and its 200 day simple moving average is GBX 1,957.15. The stock has a market capitalization of £228.44 million, a P/E ratio of 9.63 and a beta of 0.56. The company has a debt-to-equity ratio of 113.78, a quick ratio of 58.00 and a current ratio of 56.94.

S&U (LON:SUS) last issued its quarterly earnings data on Tuesday, September 29th. The company reported GBX 96.80 earnings per share (EPS) for the quarter. S&U had a return on equity of 9.55% and a net margin of 21.13%. As a group, research analysts anticipate that S&U will post 231.3253012 EPS for the current year.

Insider Transactions at S&U

In other news, insider Anthony M. V. Coombs sold 3,300 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of GBX 1,940, for a total value of £64,020. 62.01% of the stock is currently owned by corporate insiders.

About S&U

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.