Credit Suisse Group Lowers Spire Healthcare Group (SPI) to Underperform

Spire Healthcare Group (LON:SPI) was downgraded by equities research analysts at Credit Suisse Group to an “underperform” rating in a research note issued on Tuesday. They currently have a GBX 85 ($1.11) target price on the stock, down from their previous target price of GBX 170 ($2.22). Credit Suisse Group’s price objective would suggest a potential downside of 30.51% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Liberum Capital restated a “hold” rating and set a GBX 115 ($1.50) price target (down previously from GBX 176 ($2.30)) on shares of Spire Healthcare Group in a report on Tuesday, January 15th. Peel Hunt restated a “hold” rating on shares of Spire Healthcare Group in a report on Tuesday, January 15th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Spire Healthcare Group in a report on Wednesday, January 16th. Finally, Berenberg Bank upgraded shares of Spire Healthcare Group to a “hold” rating in a report on Wednesday, October 31st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 165.13 ($2.16).

Spire Healthcare Group stock opened at GBX 122.32 ($1.60) on Tuesday. Spire Healthcare Group has a 1-year low of GBX 206.40 ($2.70) and a 1-year high of GBX 362.10 ($4.73).

Spire Healthcare Group Company Profile

Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics in the United Kingdom. It provides a range of integrated surgical, medical, and diagnostic services. The company offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments.

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Analyst Recommendations for Spire Healthcare Group (LON:SPI)

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