Spirit Pub Co PLC Given “Hold” Rating at Deutsche Bank (SPRT)
Spirit Pub Co PLC (LON:SPRT)‘s stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Friday. They currently have a GBX 100 ($1.65) price objective on the stock. Deutsche Bank’s price objective suggests a potential upside of 31.75% from the stock’s previous close.
A number of other analysts have also recently weighed in on SPRT. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirit Pub Co PLC in a research note on Wednesday. They now have a GBX 110 ($1.82) 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 Thursday, July 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 87.33 ($1.45).
Shares of Spirit Pub Co PLC (LON:SPRT) traded up 0.67% during mid-day trading on Friday, hitting GBX 75.50. 41,416 shares of the company’s stock traded hands. Spirit Pub Co PLC has a one year low of GBX 66.25 and a one year high of GBX 88.00. The stock’s 50-day moving average is GBX 72.61 and its 200-day moving average is GBX 77.4. The company’s market cap is £528.5 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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