Spire Healthcare Group (SPI) Price Target Cut to GBX 293
Spire Healthcare Group (LON:SPI) had its price target decreased by JPMorgan Chase & Co. from GBX 339 ($4.68) to GBX 293 ($4.05) in a research report released on Monday. JPMorgan Chase & Co. currently has a neutral rating on the stock.
A number of other research analysts have also weighed in on SPI. Liberum Capital reaffirmed a hold rating and set a GBX 270 ($3.73) price objective on shares of Spire Healthcare Group in a research report on Thursday, November 16th. Berenberg Bank raised Spire Healthcare Group to a buy rating and raised their price objective for the company from GBX 270 ($3.73) to GBX 310 ($4.28) in a research report on Wednesday, November 29th. Numis Securities reiterated an add rating and set a GBX 296 ($4.09) target price on shares of Spire Healthcare Group in a research note on Tuesday, January 16th. 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 note on Wednesday, January 17th. Finally, Barclays began coverage on Spire Healthcare Group in a research note on Friday, February 2nd. They set an equal weight rating and a GBX 270 ($3.73) target price on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Spire Healthcare Group has a consensus rating of Hold and an average target price of GBX 295.57 ($4.08).
Spire Healthcare Group (LON:SPI) opened at GBX 217.40 ($3.00) on Monday. Spire Healthcare Group has a 52-week low of GBX 206.40 ($2.85) and a 52-week high of GBX 362.10 ($5.00). The firm has a market capitalization of $881.58 and a P/E ratio of 5,435.00.
The firm also recently announced a dividend, which will be paid on Tuesday, June 26th. Shareholders of record on Thursday, May 31st will be paid a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.12%. This is an increase from Spire Healthcare Group’s previous dividend of $1.30. The ex-dividend date of this dividend is Thursday, May 31st.
In other Spire Healthcare Group news, insider Justin Ash bought 46,500 shares of the business’s stock in a transaction on Tuesday, March 6th. The shares were acquired at an average cost of GBX 215 ($2.97) per share, for a total transaction of £99,975 ($138,125.17).
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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.
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