Oriel Securities Ltd Reiterates “Buy” Rating for Spirit Pub Co PLC (SPRT)
Shares of Spirit Pub Co PLC (LON:SPRT) remained flat at GBX 78.00 during during mid-day trading trading on Tuesday. The stock had a trading volume of 486,675 shares. Spirit Pub Co PLC has a 1-year low of GBX 61.75 and a 1-year high of GBX 88.00. The stock has a 50-day moving average of GBX 77.59 and a 200-day moving average of GBX 79.13.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Wednesday, June 4th. They now have a GBX 110 ($1.85) price target on the stock. Separately, 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. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 87.33 ($1.47).
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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