Spire Healthcare Group PLC (SPI) Receives Consensus Recommendation of “Hold” from Analysts
Spire Healthcare Group PLC (LON:SPI) has earned a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 306.33 ($4.03).
A number of analysts have issued reports on the company. Liberum Capital reaffirmed a “hold” rating and issued a GBX 350 ($4.60) target price on shares of Spire Healthcare Group PLC in a research note on Thursday, September 14th. Berenberg Bank raised their target price on Spire Healthcare Group PLC from GBX 360 ($4.73) to GBX 390 ($5.13) and gave the stock a “buy” rating in a research note on Wednesday, June 21st. Jefferies Group LLC cut their target price on Spire Healthcare Group PLC from GBX 350 ($4.60) to GBX 259 ($3.41) and set a “hold” rating for the company in a research note on Monday, September 25th. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 350 ($4.60) target price on shares of Spire Healthcare Group PLC in a research note on Thursday, September 14th. Finally, Credit Suisse Group reaffirmed an “underperform” rating on shares of Spire Healthcare Group PLC in a research note on Friday, July 21st.
In other Spire Healthcare Group PLC news, insider Justin Ash acquired 89,100 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The stock was purchased at an average cost of GBX 224 ($2.95) per share, with a total value of £199,584 ($262,403.37).
Shares of Spire Healthcare Group PLC (LON:SPI) traded down 2.21% during midday trading on Wednesday, reaching GBX 221.50. 1,750,738 shares of the company traded hands. The firm’s market capitalization is GBX 887.20 million. Spire Healthcare Group PLC has a 1-year low of GBX 218.20 and a 1-year high of GBX 391.00. The stock has a 50 day moving average price of GBX 274.51 and a 200 day moving average price of GBX 320.09.
Spire Healthcare Group PLC (LON:SPI) last announced its quarterly earnings data on Thursday, September 14th. The company reported GBX 8.70 ($0.11) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 8.60 ($0.11) by GBX 0.10 ($0.00). The company had revenue of £481 million for the quarter. Spire Healthcare Group PLC had a return on equity of 1.71% and a net margin of 1.85%. Analysts expect that Spire Healthcare Group PLC will post $18.48 earnings per share for the current fiscal year.
The firm also recently disclosed a dividend, which will be paid on Tuesday, December 12th. Investors of record on Thursday, November 16th will be given a dividend of GBX 1.30 ($0.02) per share. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 16th.
Spire Healthcare Group PLC Company Profile
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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