Spire Healthcare Group PLC (SPI) Given Consensus Rating of “Hold” by Brokerages
Spire Healthcare Group PLC (LON:SPI) has been given a consensus rating of “Hold” by the seven analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 306.33 ($4.03).
Several brokerages have recently commented on SPI. Numis Securities Ltd reiterated an “add” rating and set a GBX 375 ($4.93) price target on shares of Spire Healthcare Group PLC in a research report on Wednesday, July 26th. Liberum Capital reiterated a “hold” rating and set a GBX 350 ($4.60) price target on shares of Spire Healthcare Group PLC in a research report on Thursday, September 14th. Jefferies Group LLC lowered their price target on shares of 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 report on Monday, September 25th. J P Morgan Chase & Co lowered their price target on shares of Spire Healthcare Group PLC from GBX 376 ($4.94) to GBX 339 ($4.46) and set a “neutral” rating for the company in a research report on Friday, September 15th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 270 ($3.55) price target on shares of Spire Healthcare Group PLC in a research report on Thursday, September 21st.
In related news, insider Justin Ash purchased 89,100 shares of the business’s stock in a transaction on Friday, September 29th. The shares were purchased at an average price of GBX 224 ($2.95) per share, with a total value of £199,584 ($262,403.37).
Spire Healthcare Group PLC (LON SPI) traded up 1.32% during mid-day trading on Wednesday, reaching GBX 230.20. 1,538,263 shares of the company traded hands. The stock’s 50-day moving average price is GBX 264.97 and its 200-day moving average price is GBX 318.68. The firm’s market cap is GBX 922.05 million. Spire Healthcare Group PLC has a one year low of GBX 218.20 and a one year high of GBX 391.00.
Spire Healthcare Group PLC (LON:SPI) last issued its quarterly earnings results on Thursday, September 14th. The company reported GBX 8.70 ($0.11) EPS for the quarter, topping the consensus estimate of GBX 8.60 ($0.11) by GBX 0.10 ($0.00). Spire Healthcare Group PLC had a net margin of 1.85% and a return on equity of 1.71%. The company had revenue of £481 million during the quarter. Analysts forecast that Spire Healthcare Group PLC will post $18.48 earnings per share for the current fiscal year.
The business also recently declared a dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Thursday, November 16th will be paid a GBX 1.30 ($0.02) dividend. This represents a yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 16th.
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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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