Spirit Pub Co PLC Given Average Recommendation of “Hold” by Brokerages (LON:SPRT)
Shares of Spirit Pub Co PLC (LON:SPRT) have earned an average rating of “Hold” from the eleven ratings firms that are presently covering the stock, AnalystRatings.Net reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 87.33 ($1.47).
Shares of Spirit Pub Co PLC (LON:SPRT) opened at 72.73 on Monday. Spirit Pub Co PLC has a 52-week low of GBX 66.25 and a 52-week high of GBX 88.00. The stock has a 50-day moving average of GBX 72.7 and a 200-day moving average of GBX 78.05. The company’s market cap is £509.1 million.
A number of analysts have recently weighed in on SPRT shares. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Thursday, July 17th. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Tuesday, July 15th. They now have a GBX 110 ($1.85) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Wednesday, July 2nd. They now have a GBX 135 ($2.26) price target on the stock.
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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