Numis Securities Ltd Reiterates Buy Rating for Spirit Pub Co PLC (SPRT)
Spirit Pub Co PLC (LON:SPRT)‘s stock had its “buy” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday, Analyst Ratings Network reports. They currently have a GBX 90 ($1.41) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 13.92% from the company’s current price.
SPRT has been the subject of a number of other recent research reports. Analysts at Morgan Stanley reiterated an “underweight” rating on shares of Spirit Pub Co PLC (LON:SPRT) in a research note to investors on Friday, September 6th. They now have a GBX 55 ($0.86) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Spirit Pub Co PLC (LON:SPRT) in a research note to investors on Thursday, September 5th. They now have a GBX 110 ($1.72) price target on the stock.
Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. Spirit Pub Co PLC has a consensus rating of “Hold” and an average target price of GBX 73.55 ($1.15).
Spirit Pub Co PLC (LON:SPRT) opened at 79.00 on Wednesday. Spirit Pub Co PLC has a 1-year low of GBX 52.25 and a 1-year high of GBX 79.00. The stock has a 50-day moving average of GBX 74.79 and a 200-day moving average of GBX 67.44.
Spirit Pub Company plc is a United Kingdom-based company. As of July 1, 2011, the Company’s business comprised the managed pub business and the leased pub business comprising, 803 managed pubs and 549 leased pubs, which were carried on within the Punch Group by Spirit Pub Company (LON:SPRT) Limited and its subsidiaries.
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