S&U plc Reports Positive Trading Update Amid Market Stability

S&U plc ( (GB:SUS) ) just unveiled an update.

S&U plc has reported a positive trading update, indicating a resurgence in profitability driven by favorable market trends and a Supreme Court decision that adds stability to the motor finance sector. Advantage Finance has seen a revival in the used car market, with advances exceeding budget and improved customer service levels, while Aspen Bridging has achieved record advances and collections despite challenges in the UK residential market. The company’s new CFO is addressing future funding requirements as growth is expected to continue.

The most recent analyst rating on (GB:SUS) stock is a Hold with a £1700.00 price target. To see the full list of analyst forecasts on S&U plc stock, see the GB:SUS Stock Forecast page.

Spark’s Take on GB:SUS Stock

According to Spark, TipRanks’ AI Analyst, GB:SUS is a Outperform.

S&U plc’s strong financial stability and profitability, alongside promising corporate events, support a positive outlook. The stock’s valuation is attractive, and technical indicators suggest stability. However, challenges in revenue consistency and cash flow volatility remain key risks.

To see Spark’s full report on GB:SUS stock, click here.

More about S&U plc

S&U plc is a specialist lender in the motor and property finance sectors. The company focuses on providing financial solutions through its subsidiaries, Advantage Finance and Aspen Bridging, catering to the used car market and property bridging finance, respectively.

Average Trading Volume: 9,044

Technical Sentiment Signal: Buy

Current Market Cap: £226.3M

Find detailed analytics on SUS stock on TipRanks’ Stock Analysis page.