S & U PLC 2.3% potential upside indicated by Berenberg Bank

S & U PLC with ticker (LON:SUS) now has a potential upside of 2.3% according to Berenberg Bank.



Berenberg Bank set a target price of 2,180 GBX for the company, which when compared to the S & U PLC share price of 2,130 GBX at opening today (11/10/2022) indicates a potential upside of 2.3%. Trading has ranged between 1,900 (52 week low) and 2,940 (52 week high) with an average of 5,128 shares exchanging hands daily. The market capitalisation at the time of writing is £256,380,825.

S&U plc is a United Kingdom-based company that is engaged in providing motor, property bridging and specialist finance services. The Company operates through its subsidiaries, Advantage Finance Limited (Advantage Finance), and Aspen Bridging Limited (Aspen Bridging). Advantage Finance is a motor finance company that operates in the used car sector, offering loans of up to £15,000 on a hire purchase (HP) basis. Advantage Finance focuses on the non-prime section of the market lending to working customers to meet their requirements for cars for work and for family purposes. Aspen Bridging is engaged in property bridging business. Aspen Bridging lends up to £10m per deal with an average loan of £600,000. It caters for the burgeoning short term refurbishment and residential markets.