Spirit Pub Co PLC PT Raised to GBX 91 (SPRT)
Equities researchers at Barclays increased their target price on shares of Spirit Pub Co PLC (LON:SPRT) from GBX 75 ($1.23) to GBX 91 ($1.50) in a research report issued on Wednesday, Analyst Ratings Network reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target would suggest a potential upside of 10.30% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note to investors on Monday. They now have a GBX 110 ($1.81) price target on the stock. Separately, analysts at Citigroup Inc. cut their price target on shares of Spirit Pub Co PLC from GBX 95 ($1.56) to GBX 90 ($1.48) in a research note to investors on Friday, January 24th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 80.63 ($1.32).
Shares of Spirit Pub Co PLC (LON:SPRT) opened at 83.37 on Wednesday. Spirit Pub Co PLC has a one year low of GBX 53.00 and a one year high of GBX 88.00. The stock’s 50-day moving average is GBX 80.20 and its 200-day moving average is GBX 75.45.
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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