Often it is wise to exercise caution when there has been a big rise in share price on the smaller AIM outfits, but that isn’t always the case and sometimes the fortunes of the company genuinely have improved significantly.
On the daily chart of the share price of Hydrodec Group (HYR) the basing that has been evident for the best part of 2015 land ooks as though it is finally going to deliver for those long in the shares.
For the September Stock-Ping Stockpinger brings you a company operating in a specialised and niche market, a company far unlike companies already featured. However, having said that, this is a company with an emphasis on recycling, slightly akin to last month’s Stock-Ping, TEG Environmental. This month we’ve picked Hydrodec Group PLC (HYR).
Commissioned researcher Edison has increased its target price for AIM listed Hydrodec (HYR) from 13.8p to 18.9p in a detailed note published today.So why does it now see 50% upside for investors?
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