Peel Hunt Lowers HSS Hire Group PLC (HSS) to Hold
Peel Hunt cut shares of HSS Hire Group PLC (LON:HSS) to a hold rating in a report released on Monday morning, MarketBeat reports.
A number of other equities research analysts have also recently commented on HSS. JPMorgan Chase & Co. cut shares of HSS Hire Group PLC to a neutral rating and lowered their price objective for the company from GBX 180 ($2.56) to GBX 60 ($0.85) in a research note on Thursday, November 26th. Numis Securities Ltd reissued an add rating and issued a GBX 55 ($0.78) price objective on shares of HSS Hire Group PLC in a research note on Wednesday, November 25th. Finally, Berenberg Bank lowered their price objective on shares of HSS Hire Group PLC from GBX 60 ($0.85) to GBX 43 ($0.61) and set a hold rating on the stock in a research note on Thursday, November 26th. Six research analysts have rated the stock with a hold rating, HSS Hire Group PLC has a consensus rating of Hold and an average price target of GBX 86.60 ($1.23).
Shares of HSS Hire Group PLC (LON:HSS) traded up 2.00% on Monday, hitting GBX 76.50. 18,573 shares of the company were exchanged. HSS Hire Group PLC has a 52-week low of GBX 2.90 and a 52-week high of GBX 216.00. The firm’s market cap is GBX 90.11 million. The company has a 50-day moving average price of GBX 68.90 and a 200 day moving average price of GBX 63.39.
HSS Hire Group plc and its subsidiaries are engaged in provision of equipment hire services in the United Kingdom and Ireland. The Company operates in two segments: HSS Core and HSS Specialist. HSS Core segment is engaged in the provision of tool and equipment hire and related services. HSS Specialist is engaged in the provision of generator, powered access and cleaning hire equipment and the provision of cleaning maintenance services, under specialist brands. The Company’s businesses include HSS hire, which provides a range of tools and equipment for hire across approximately 1,600 product lines; HSS One Call, which is a customer services, and HSS Training, which offers approximately 248 industry-recognized technical and safety courses at 36 training venues in the United Kingdom and Ireland. Its other businesses include ABird Power Solutions, Apex Power Solutions, Reintec cleaning equipment services and TecServ equipment maintenance, among others.
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