Spirit Pub Co PLC Given Buy Rating at Numis Securities Ltd (SPRT)
Spirit Pub Co PLC (LON:SPRT)‘s stock had its “buy” rating reaffirmed by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday. They currently have a GBX 110 ($1.84) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 41.94% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Spirit Pub Co PLC from GBX 77 ($1.29) to GBX 100 ($1.68) in a research note on Monday, April 28th. They now have a “hold” rating on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Friday, March 14th. They now have a GBX 110 ($1.84) price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Spirit Pub Co PLC has an average rating of “Hold” and a consensus target price of GBX 87.33 ($1.46).
Spirit Pub Co PLC (LON:SPRT) opened at 78.60 on Wednesday. Spirit Pub Co PLC has a 1-year low of GBX 61.75 and a 1-year high of GBX 88.00. The stock’s 50-day moving average is GBX 77.63 and its 200-day moving average is GBX 79.05.
Spirit Pub Company plc is a United Kingdom-based company. The Company’s trading activities include two divisions: Managed division, which involves pubs that are directly managed by the Company , and Leased division, which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Company , purchasing beer and other drinks from the Company and entering into profit sharing arrangements for income from leisure machines.
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