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

LON:SPR opened at GBX 148.50 ($1.95) on Monday. The business’s 50-day moving average is GBX 132.76 and its two-hundred day moving average is GBX 116.93. The company has a debt-to-equity ratio of 36.85, a current ratio of 3.68 and a quick ratio of 0.47. Springfield Properties has a 12 month low of GBX 95 ($1.25) and a 12 month high of GBX 156 ($2.05). The firm has a market capitalization of $143.08 million and a PE ratio of 11.25.

Springfield Properties Company Profile

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.

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