Springfield Properties (LON:SPR) Cut to Hold at Peel Hunt

Peel Hunt cut shares of Springfield Properties (LON:SPR) to a hold rating in a research note released on Monday morning, ThisIsMoney.Co.Uk reports. Peel Hunt currently has GBX 150 ($1.97) price objective on the stock, up from their prior price objective of GBX 125 ($1.64).

Springfield Properties stock opened at GBX 148.50 ($1.95) on Monday. The stock’s 50 day moving average price is GBX 132.76 and its 200 day moving average price is GBX 116.93. Springfield Properties has a 1-year low of GBX 95 ($1.25) and a 1-year high of GBX 156 ($2.05). The company has a market cap of $143.08 million and a PE ratio of 11.25. The company has a debt-to-equity ratio of 36.85, a current ratio of 3.68 and a quick ratio of 0.47.

About Springfield Properties

Springfield Properties Plc, together with its subsidiary, Glassgreen Hire Limited, engages in the house building business in the United Kingdom. The company operates through two divisions, Private Housing and Affordable. It is also involved in hiring plants and machineries. The company was founded in 1956 and is based in Elgin, the United Kingdom.

Read More: How do candlesticks reflect price movement?

Receive News & Ratings for Springfield Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Springfield Properties and related companies with MarketBeat.com's FREE daily email newsletter.