Spirit Pub Co PLC Stock Rating Reaffirmed by Numis Securities Ltd (SPRT)
Spirit Pub Co PLC (LON:SPRT)‘s stock had its “buy” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday. They currently have a GBX 110 ($1.82) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 50.68% from the company’s current price.
SPRT has been the subject of a number of other recent research reports. 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 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 ($1.82) price target on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 87.33 ($1.45).
Shares of Spirit Pub Co PLC (LON:SPRT) opened at 73.50 on Wednesday. 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 72.48 and a 200-day moving average of GBX 77.47. The company’s market cap is £514.5 million.
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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