In a report released yesterday, Michael Weinstein W. from Credit Suisse maintained a Hold rating on Spire Inc (SR), with a price target of $72. The company’s shares closed yesterday at $78.03.
According to TipRanks.com, W. is a 3-star analyst with an average return of 3.5% and a 64.3% success rate. W. covers the Utilities sector, focusing on stocks such as NextEra Energy Inc, Eversource Energy, and Black Hills Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for Spire Inc with a $76.25 average price target, a -2.3% downside from current levels. In a report issued on February 4, Merrill Lynch also maintained a Hold rating on the stock with a $81 price target.
See today’s analyst top recommended stocks >>
Spire Inc’s market cap is currently $3.95B and has a P/E ratio of 23.27. The company has a Price to Book ratio of 1.75.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Spire Inc. operates as a public utility holding company, which provides natural gas service through its utility operations while engaging in non-regulated activities. It operates through the following business segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas Company and Alabama Gas Corporation.