Spirit Pub Co PLC Stock Rating Reaffirmed by Citigroup Inc. (SPRT)
Spirit Pub Co PLC (LON:SPRT)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a research note issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 75 ($1.20) price target on the stock. Citigroup Inc.’s target price indicates a potential upside of 6.01% from the stock’s previous close.
Spirit Pub Co PLC (LON:SPRT) traded up 0.35% during mid-day trading on Monday, hitting GBX 71.00. The stock had a trading volume of 82,060 shares. Spirit Pub Co PLC has a one year low of GBX 53.00 and a one year high of GBX 80.25. The stock has a 50-day moving average of GBX 75.06 and a 200-day moving average of GBX 68.04.
A number of other firms have also recently commented on SPRT. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note to investors on Wednesday, September 11th. They now have a GBX 90 ($1.44) price target on the stock. Separately, analysts at Morgan Stanley reiterated an “underweight” rating on shares of Spirit Pub Co PLC in a research note to investors on Friday, September 6th. They now have a GBX 55 ($0.88) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note to investors on Thursday, September 5th. They now have a GBX 110 ($1.76) price target on the stock. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 73.75 ($1.18).
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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