Spirit Pub Co PLC PT Raised to GBX 110 at Numis Securities Ltd (SPRT)
Equities researchers at Numis Securities Ltd hoisted their target price on shares of Spirit Pub Co PLC (LON:SPRT) from GBX 100 ($1.65) to GBX 110 ($1.81) in a research report issued on Tuesday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 29.79% from the stock’s previous close.
SPRT has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Spirit Pub Co PLC in a research note to investors on Friday. They now have a GBX 77 ($1.27) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Spirit Pub Co PLC from GBX 75 ($1.24) to GBX 95 ($1.57) in a research note to investors on Thursday, January 9th. They now have a “buy” rating 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 analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 79.25 ($1.31).
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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