Spirit Pub Co PLC’s Buy Rating Reaffirmed at Numis Securities Ltd (SPRT)
Spirit Pub Co PLC (LON:SPRT)‘s stock had its “buy” rating reiterated by Numis Securities Ltd in a research note issued on Wednesday. They currently have a GBX 135 ($2.30) price target on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 81.21% from the company’s current price.
Spirit Pub Co PLC (LON:SPRT) opened at 75.00 on Wednesday. Spirit Pub Co PLC has a one year low of GBX 61.75 and a one year high of GBX 88.00. The stock’s 50-day moving average is GBX 75.99 and its 200-day moving average is GBX 79.6. The company’s market cap is £525.0 million.
A number of other analysts have also recently weighed in on SPRT. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Tuesday, June 10th. They now have a GBX 110 ($1.87) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Tuesday, June 10th. Finally, analysts at Deutsche Bank raised their price target on shares of Spirit Pub Co PLC from GBX 77 ($1.31) to GBX 100 ($1.70) in a research note on Monday, April 28th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 90.11 ($1.53).
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.