Berenberg Bank Lowers S&U (LON:SUS) Price Target to GBX 2,220

Key Points

• Berenberg Bank cut its price target on S&U from GBX 2,350 to GBX 2,220 and maintained a "hold" rating, implying roughly a 10.45% upside from the current price.
• Shares were trading flat at GBX 2,010 mid-day; the company has a market cap of £244.24m, a P/E of 12.23, and a 52‑week range of GBX 1,400–2,458.50.
• In the latest quarter S&U reported GBX 195.20 EPS on revenue of £107.43m, with a return on equity of 8.33% and a net margin of 18.65%; analysts forecast about 231.33 EPS for the current fiscal year.

S&U (LON:SUS - Get Free Report) had its price target decreased by stock analysts at Berenberg Bank from GBX 2,350 to GBX 2,220 in a report issued on Tuesday,Digital Look reports. The firm currently has a "hold" rating on the stock. Berenberg Bank's price target would indicate a potential upside of 10.45% from the stock's current price.

S&U Stock Performance

Shares of LON SUS remained flat at GBX 2,010 during mid-day trading on Tuesday. The company had a trading volume of 14,503 shares, compared to its average volume of 9,735. S&U has a 52 week low of GBX 1,400 and a 52 week high of GBX 2,458.50. The firm has a market cap of £244.24 million, a price-to-earnings ratio of 12.23 and a beta of 0.49. The company has a 50 day moving average price of GBX 2,085.09 and a 200-day moving average price of GBX 2,020.61.

S&U (LON:SUS - Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported GBX 195.20 EPS for the quarter. The company had revenue of £107.43 million for the quarter. S&U had a return on equity of 8.33% and a net margin of 18.65%. Equities research analysts predict that S&U will post 231.3253012 EPS for the current fiscal year.

S&U Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.