SDI Group’s (SDI) Buy Rating Reiterated at Canaccord Genuity Group

SDI Group (LON:SDI)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a report released on Wednesday, September 23rd, Digital Look reports. They presently have a GBX 145 price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 55.93% from the company’s previous close.

SDI Group Stock Performance

SDI Group stock traded down GBX 0.01 during mid-day trading on Wednesday, reaching GBX 92.99. The company’s stock had a trading volume of 32,828 shares, compared to its average volume of 274,499. The company has a current ratio of 2.07, a quick ratio of 0.79 and a debt-to-equity ratio of 62.26. SDI Group has a twelve month low of GBX 60 and a twelve month high of GBX 99. The business has a 50 day moving average price of GBX 90.27 and a 200-day moving average price of GBX 83.71. The firm has a market cap of £97.24 million, a price-to-earnings ratio of 20.26 and a beta of 1.11.

SDI Group (LON:SDI) last issued its earnings results on Wednesday, July 29th. The company reported GBX 4.70 earnings per share (EPS) for the quarter. SDI Group had a net margin of 6.59% and a return on equity of 9.24%. Sell-side analysts predict that SDI Group will post 6.002265 EPS for the current fiscal year.

About SDI Group

SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges.

It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.

Its portfolio of businesses serves a broad spectrum of specialised markets, ranging from advanced industrial technologies (aerospace & defence, manufacturing, semiconductors and precision measurement) to scientific and medical applications (life sciences, healthcare, astronomy).