HSS Hire Group PLC (HSS) Hits New 52-Week Low at $35.00
Shares of HSS Hire Group PLC (LON:HSS) reached a new 52-week low on Friday . The company traded as low as GBX 35 ($0.47) and last traded at GBX 36.50 ($0.48), with a volume of 269,883 shares traded. The stock had previously closed at GBX 36.88 ($0.49).
A number of research firms recently weighed in on HSS. Peel Hunt restated a “hold” rating and set a GBX 65 ($0.86) target price on shares of HSS Hire Group PLC in a research note on Tuesday, July 4th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 46 ($0.61) price target on shares of HSS Hire Group PLC in a report on Tuesday, July 4th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 115 ($1.53) price target on shares of HSS Hire Group PLC in a report on Tuesday, July 4th. J P Morgan Chase & Co lowered their price target on HSS Hire Group PLC from GBX 65 ($0.86) to GBX 60 ($0.80) and set an “underweight” rating for the company in a report on Wednesday, July 5th. Finally, Numis Securities Ltd reaffirmed an “under review” rating on shares of HSS Hire Group PLC in a report on Wednesday, August 30th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 62.40 ($0.83).
The stock’s 50-day moving average price is GBX 38.51 and its 200 day moving average price is GBX 53.11. The firm’s market capitalization is GBX 62.13 million.
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About HSS Hire Group PLC
HSS Hire Group plc provides tool and equipment hire and related services in the United Kingdom and Ireland through a network of over 300 locations across the nation. The Company’s business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market, with its businesses also supplying construction contractors.
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