Spire Healthcare Group PLC (SPI) Reaches New 1-Year Low at $218.20

Spire Healthcare Group PLC (LON:SPI) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 218.20 ($2.87) and last traded at GBX 221.50 ($2.91), with a volume of 1,750,738 shares changing hands. The stock had previously closed at GBX 226.50 ($2.98).

SPI has been the subject of a number of recent analyst reports. Berenberg Bank upped their price target on shares of Spire Healthcare Group PLC from GBX 360 ($4.73) to GBX 390 ($5.13) and gave the company a “buy” rating in a report on Wednesday, June 21st. Liberum Capital reiterated a “buy” rating and set a GBX 400 ($5.26) price target on shares of Spire Healthcare Group PLC in a report on Friday, June 23rd. Credit Suisse Group reiterated an “underperform” rating on shares of Spire Healthcare Group PLC in a report on Friday, July 21st. 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 report on Wednesday, July 26th. Finally, 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 report on Friday, September 15th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Spire Healthcare Group PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 305.43 ($4.02).

Spire Healthcare Group PLC (LON:SPI) last released its earnings results on Thursday, September 14th. The company reported GBX 8.70 ($0.11) earnings per share 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 return on equity of 1.71% and a net margin of 1.85%. The business had revenue of £481 million during the quarter.

The firm also recently announced a dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Thursday, November 16th will be given a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a dividend yield of 0.5%.

In other Spire Healthcare Group PLC news, insider Justin Ash bought 89,100 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was acquired at an average cost of GBX 224 ($2.95) per share, for a total transaction of £199,584 ($262,403.37).

SPI has been the subject of a number of recent analyst reports. Berenberg Bank upped their price target on shares of Spire Healthcare Group PLC from GBX 360 ($4.73) to GBX 390 ($5.13) and gave the company a “buy” rating in a report on Wednesday, June 21st. Liberum Capital reiterated a “buy” rating and set a GBX 400 ($5.26) price target on shares of Spire Healthcare Group PLC in a report on Friday, June 23rd. Credit Suisse Group reiterated an “underperform” rating on shares of Spire Healthcare Group PLC in a report on Friday, July 21st. 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 report on Wednesday, July 26th. Finally, 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 report on Friday, September 15th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Spire Healthcare Group PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 305.43 ($4.02).

Spire Healthcare Group PLC (LON:SPI) last released its earnings results on Thursday, September 14th. The company reported GBX 8.70 ($0.11) earnings per share 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 return on equity of 1.71% and a net margin of 1.85%. The business had revenue of £481 million during the quarter.

The firm also recently announced a dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Thursday, November 16th will be given a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a dividend yield of 0.5%.

In other Spire Healthcare Group PLC news, insider Justin Ash bought 89,100 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was acquired at an average cost of GBX 224 ($2.95) per share, for a total transaction of £199,584 ($262,403.37).

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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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