Spire Healthcare Group PLC (SPI) Given Average Recommendation of “Hold” by Brokerages
Spire Healthcare Group PLC (LON:SPI) has been given a consensus recommendation of “Hold” by the eight ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 370.43 ($4.83).
Several research analysts have weighed in on the company. Liberum Capital cut Spire Healthcare Group PLC to a “hold” rating and lowered their price objective for the stock from GBX 400 ($5.21) to GBX 370 ($4.82) in a research report on Wednesday, July 19th. Credit Suisse Group reiterated an “underperform” rating on shares of Spire Healthcare Group PLC in a research report on Friday, July 21st. Numis Securities Ltd reiterated an “add” rating and set a GBX 375 ($4.89) price objective on shares of Spire Healthcare Group PLC in a research report on Wednesday. Jefferies Group LLC increased their price objective on Spire Healthcare Group PLC from GBX 305 ($3.97) to GBX 350 ($4.56) and gave the stock a “hold” rating in a research report on Thursday, June 1st. Finally, Berenberg Bank increased their price objective on Spire Healthcare Group PLC from GBX 360 ($4.69) to GBX 390 ($5.08) and gave the stock a “buy” rating in a research report on Wednesday, June 21st.
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Shares of Spire Healthcare Group PLC (LON:SPI) traded down 1.10% during midday trading on Friday, hitting GBX 350.00. 937,978 shares of the stock traded hands. The firm’s 50 day moving average price is GBX 337.71 and its 200 day moving average price is GBX 332.13. The company’s market capitalization is GBX 1.40 billion. Spire Healthcare Group PLC has a 12-month low of GBX 297.50 and a 12-month high of GBX 411.00.
About Spire Healthcare Group PLC
Spire Healthcare Group plc is a United Kingdom-based independent hospital group. The Company provides in-patient, daycase and out-patient care from approximately 40 hospitals, 10 clinics and over two specialist care centers across the United Kingdom. The Company also owns and operates a sports medicine, physiotherapy and rehabilitation brand, Perform, and a screening service, Lifescan, as well as national pathology services.
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