Spire Healthcare Group Plc (LON:SPI) has received a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 311.50 ($4.17).

A number of analysts have recently commented on the company. Berenberg Bank upgraded Spire Healthcare Group to a “buy” rating and boosted their price objective for the company from GBX 270 ($3.62) to GBX 310 ($4.15) in a research report on Wednesday. Liberum Capital restated a “hold” rating and issued a GBX 270 ($3.62) price objective on shares of Spire Healthcare Group in a research report on Thursday, November 16th. Numis Securities restated an “add” rating and issued a GBX 341 ($4.57) price objective on shares of Spire Healthcare Group in a research report on Monday, October 23rd. Jefferies Group cut their price objective on Spire Healthcare Group from GBX 350 ($4.69) to GBX 259 ($3.47) and set a “hold” rating for the company in a research report on Monday, September 25th. Finally, J P Morgan Chase & Co cut their price objective on Spire Healthcare Group from GBX 376 ($5.04) to GBX 339 ($4.54) and set a “neutral” rating for the company in a research report on Friday, September 15th.

Shares of Spire Healthcare Group (LON SPI) traded down GBX 1.20 ($0.02) during mid-day trading on Thursday, reaching GBX 246.70 ($3.30). The company had a trading volume of 1,409,544 shares, compared to its average volume of 3,600,000. Spire Healthcare Group has a 52 week low of GBX 218.20 ($2.92) and a 52 week high of GBX 369 ($4.94).

Spire Healthcare Group (LON:SPI) last announced its quarterly earnings results on Thursday, September 14th. The company reported GBX 8.70 ($0.12) earnings per share for the quarter, beating the consensus estimate of GBX 8.60 ($0.12) by GBX 0.10 ($0.00). The company had revenue of £481 million during the quarter. Spire Healthcare Group had a return on equity of 1.71% and a net margin of 1.85%.

The company also recently declared 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.

In other news, insider Peter R. Bamford purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The stock was purchased at an average cost of GBX 240 ($3.21) per share, for a total transaction of £12,000 ($16,070.71). Also, insider Justin Ash purchased 84,500 shares of the company’s stock in a transaction that occurred on Thursday, November 23rd. The shares were purchased at an average price of GBX 237 ($3.17) per share, with a total value of £200,265 ($268,200.08). Insiders have purchased 178,600 shares of company stock valued at $41,184,900 over the last quarter.

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Spire Healthcare Group 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.

Analyst Recommendations for Spire Healthcare Group (LON:SPI)

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