Spire Healthcare Group PLC (SPI) Given Average Recommendation of “Hold” by Brokerages

Spire Healthcare Group PLC (LON:SPI) has received an average recommendation of “Hold” from the eight analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 304.29 ($4.20).

A number of brokerages have recently issued reports on SPI. Liberum Capital increased their target price on Spire Healthcare Group from GBX 270 ($3.73) to GBX 275 ($3.80) and gave the company a “hold” rating in a research report on Friday, January 26th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 339 ($4.68) target price on shares of Spire Healthcare Group in a research report on Thursday, January 4th. Numis Securities reiterated an “add” rating and set a GBX 341 ($4.71) target price on shares of Spire Healthcare Group in a research report on Monday, October 23rd. Barclays began coverage on Spire Healthcare Group in a research report on Friday, February 2nd. They set an “equal weight” rating and a GBX 270 ($3.73) target price on the stock. Finally, Jefferies Group upgraded Spire Healthcare Group to a “buy” rating and increased their target price for the company from GBX 259 ($3.58) to GBX 290 ($4.01) in a research report on Wednesday, January 17th.

In other news, insider Justin Ash acquired 84,500 shares of the firm’s stock in a transaction on Thursday, November 23rd. The shares were bought at an average price of GBX 237 ($3.27) per share, for a total transaction of £200,265 ($276,685.55). Also, insider Peter R. Bamford acquired 5,000 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was purchased at an average price of GBX 240 ($3.32) per share, for a total transaction of £12,000 ($16,579.17).

Shares of Spire Healthcare Group (LON SPI) traded up GBX 1.40 ($0.02) during trading hours on Tuesday, hitting GBX 224 ($3.09). The stock had a trading volume of 590,772 shares, compared to its average volume of 971,702. Spire Healthcare Group has a 52-week low of GBX 218.20 ($3.01) and a 52-week high of GBX 362.10 ($5.00). The stock has a market cap of $898.42 and a price-to-earnings ratio of 3,200.00.

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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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