Spirit Pub Co PLC Rating Reiterated by Deutsche Bank (SPRT)
Spirit Pub Co PLC (LON:SPRT)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research note issued on Friday, Stock Ratings News reports. They currently have a GBX 77 ($1.26) price objective on the stock. Deutsche Bank’s price objective suggests a potential downside of 6.67% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of Spirit Pub Co PLC from GBX 75 ($1.23) to GBX 95 ($1.56) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note to investors on Monday, January 6th. They now have a GBX 100 ($1.64) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Spirit Pub Co PLC in a research note to investors on Monday, December 2nd. They now have a GBX 70 ($1.15) price target on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 78 ($1.28).
Shares of Spirit Pub Co PLC (LON:SPRT) opened at 82.50 on Friday. Spirit Pub Co PLC has a 1-year low of GBX 53.00 and a 1-year high of GBX 83.44. The stock has a 50-day moving average of GBX 74.50 and a 200-day moving average of GBX 73.3.
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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