Spire Healthcare Group PLC’s (SPI) “Hold” Rating Reiterated at Berenberg Bank
Berenberg Bank restated their hold rating on shares of Spire Healthcare Group PLC (LON:SPI) in a research report report published on Thursday. The brokerage currently has a GBX 270 ($3.64) price target on the stock.
Several other brokerages have also recently commented on SPI. Liberum Capital cut Spire Healthcare Group PLC to a hold rating and reduced their target price for the stock from GBX 400 ($5.39) to GBX 370 ($4.99) in a research report on Wednesday, July 19th. Credit Suisse Group reaffirmed an underperform rating on shares of Spire Healthcare Group PLC in a research report on Friday, July 21st. Numis Securities Ltd reaffirmed an add rating and issued a GBX 375 ($5.06) target price on shares of Spire Healthcare Group PLC in a research report on Wednesday, July 26th. Jefferies Group LLC raised their target price on Spire Healthcare Group PLC from GBX 305 ($4.11) to GBX 350 ($4.72) and gave the stock a hold rating in a research report on Thursday, June 1st. Finally, J P Morgan Chase & Co reduced their target price on Spire Healthcare Group PLC from GBX 376 ($5.07) to GBX 339 ($4.57) and set a neutral rating for the company in a research report on Friday, September 15th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. Spire Healthcare Group PLC presently has an average rating of Hold and a consensus target price of GBX 329.86 ($4.45).
Shares of Spire Healthcare Group PLC (LON:SPI) opened at 230.70 on Thursday. The firm’s market capitalization is GBX 924.05 million. Spire Healthcare Group PLC has a one year low of GBX 229.40 and a one year high of GBX 405.70. The firm’s 50 day moving average is GBX 322.20 and its 200-day moving average is GBX 331.83.
Spire Healthcare Group PLC (LON:SPI) last announced its quarterly earnings data on Thursday, September 14th. The company reported GBX 8.70 ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 8.60 ($0.12) by GBX 0.10 ($0.00). The business had revenue of £481 million for the quarter. Spire Healthcare Group PLC had a net margin of 3.92% and a return on equity of 3.47%. On average, equities research analysts predict that Spire Healthcare Group PLC will post $18.48 earnings per share for the current fiscal year.
The company also recently announced a dividend, which will be paid on Tuesday, December 12th. Investors of record on Thursday, November 16th will be given a GBX 1.30 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a yield of 0.5%.
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.
Receive News & Ratings for Spire Healthcare Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spire Healthcare Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.