What’s Next for HSS Hire Group PLC After Today’s Huge Decline?

 What's Next for HSS Hire Group PLC After Today's Huge Decline?

The stock of HSS Hire Group PLC (LON:HSS) is a huge mover today! The stock increased 4.05% or GBX 3.5 on November 29, hitting GBX 90. About 465,032 shares traded hands or 43.58% up from the average. HSS Hire Group PLC (LON:HSS) has declined 2.81% since April 29, 2016 and is downtrending. It has underperformed by 8.07% the S&P500.
The move comes after 7 months negative chart setup for the GBX 139.29M company. It was reported on Nov, 29 by Barchart.com. We have GBX 84.60 PT which if reached, will make LON:HSS worth GBX 8.36M less.

HSS Hire Group PLC (LON:HSS) Ratings Coverage

Out of 6 analysts covering HSS Hire Grp Plc (LON:HSS), 1 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 17% are positive. HSS Hire Grp Plc has been the topic of 30 analyst reports since August 26, 2015 according to StockzIntelligence Inc. On Friday, July 8 the stock rating was maintained by Peel Hunt with “Hold”. The firm has “Hold” rating by Numis Securities given on Wednesday, August 31. As per Thursday, April 7, the company rating was downgraded by Beaufort Securities. The stock has “Hold” rating given by Beaufort Securities on Thursday, September 1. Numis Securities reinitiated HSS Hire Group PLC (LON:HSS) on Monday, July 25 with “Hold” rating. Peel Hunt maintained it with “Add” rating and GBX 60 target price in Wednesday, December 2 report. As per Wednesday, August 26, the company rating was maintained by Numis Securities. On Thursday, August 27 the stock rating was downgraded by Beaufort Securities to “Speculative Buy”. The firm earned “Underweight” rating on Thursday, September 1 by JP Morgan. JP Morgan maintained the shares of HSS in a report on Thursday, April 7 with “Neutral” rating.

More news for HSS Hire Group PLC (LON:HSS) were recently published by: Fool.Co.Uk, which released: “Why HSS Hire Group PLC Looks Set To Beat J Sainsbury plc” on February 03, 2016. Fool.Co.Uk‘s article titled: “HSS Hire Group PLC Falls 35% Today… Is It A Bargain Right Now?” and published on August 26, 2015 is yet another important article.

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 has a market cap of 139.29 million GBP. 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. It currently has negative earnings. The Company’s divisions include HSS Core, which is engaged in the provision of tool and equipment hire and related services, and HSS Specialist segment, which is engaged in the provision of generator, climate control, powered access and cleaning hire equipment and the provision of cleaning maintenance services, under specialist brands.

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