S&U plc (LON:SUS – Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,863.61 ($24.34) and traded as high as GBX 1,920 ($25.07). S&U shares last traded at GBX 1,920 ($25.07), with a volume of 8,632 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their price target on S&U from GBX 2,180 ($28.47) to GBX 2,100 ($27.42) and set a “hold” rating on the stock in a research note on Tuesday, August 13th.
Check Out Our Latest Stock Analysis on S&U
S&U Stock Up 1.6 %
S&U Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 31st will be paid a GBX 30 ($0.39) dividend. This represents a yield of 1.81%. The ex-dividend date of this dividend is Thursday, October 31st. S&U’s dividend payout ratio is currently 8,612.44%.
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.
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