Spirit Pub Co PLC Given Consensus Recommendation of “Buy” by Brokerages (LON:SPRT)
Shares of Spirit Pub Co PLC (LON:SPRT) have been given an average rating of “Buy” by the twelve brokerages that are presently covering the company, StockRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 81.14 ($1.33).
Spirit Pub Co PLC (LON:SPRT) traded down 0.21% during mid-day trading on Friday, hitting GBX 82.325. 1,300,171 shares of the company’s stock traded hands. Spirit Pub Co PLC has a 52-week low of GBX 53.00 and a 52-week high of GBX 88.00. The stock has a 50-day moving average of GBX 81.90 and a 200-day moving average of GBX 75.8.
SPRT has been the subject of a number of recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Wednesday. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Wednesday. They now have a GBX 110 ($1.80) price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Spirit Pub Co PLC in a research note on Friday, February 7th. They now have a GBX 75 ($1.23) price target on the stock.
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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