S&U (LON:SUS) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

S&U plc (LON:SUS) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,893.18 and traded as high as GBX 2,409.60. S&U shares last traded at GBX 2,370, with a volume of 5,799 shares trading hands.

Wall Street Analyst Weigh In

Separately, Peel Hunt upgraded shares of S&U to a “buy” rating and set a GBX 2,000 price objective on the stock in a report on Friday, October 10th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,850.

S&U Stock Performance

The firm’s fifty day moving average is GBX 2,086.69 and its 200 day moving average is GBX 1,894.43. The firm has a market cap of £287.98 million, a P/E ratio of 14.42 and a beta of 0.55.

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.