Spirit Pub Co PLC Given New GBX 77 Price Target at Deutsche Bank (SPRT)
Equities research analysts at Deutsche Bank increased their price target on shares of Spirit Pub Co PLC (LON:SPRT) from GBX 70 ($1.13) to GBX 77 ($1.25) in a research note issued to investors on Wednesday, ARN reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 5.48% from the company’s current price.
Spirit Pub Co PLC (LON:SPRT) opened at 73.00 on Wednesday. Spirit Pub Co PLC has a 52 week low of GBX 53.00 and a 52 week high of GBX 80.25. The stock has a 50-day moving average of GBX 72.65 and a 200-day moving average of GBX 70.09.
A number of other firms have also recently commented on SPRT. Analysts at Barclays reiterated an “equal weight” rating on shares of Spirit Pub Co PLC in a research note to investors on Wednesday, October 23rd. They now have a GBX 75 ($1.21) price target on the stock. Separately, analysts at Beaufort Securities initiated coverage on shares of Spirit Pub Co PLC in a research note to investors on Wednesday, October 23rd. They set a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note to investors on Tuesday, October 22nd. They now have a GBX 100 ($1.62) price target on the stock. Two analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. Spirit Pub Co PLC currently has an average rating of “Hold” and a consensus price target of GBX 76.29 ($1.23).
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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