Spire Inc. – Consensus Indicates Potential -1.2% Downside

Broker Ratings
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Spire Inc. found using ticker (SR) now have 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 81.5 and 67 calculating the average target price we see 74.69. Now with the previous closing price of 75.63 this indicates there is a potential downside of -1.2%. The day 50 moving average is 73.26 and the 200 day MA is 69.27. The company has a market capitalisation of $4,004m. Company Website: https://www.spireenergy.com

The potential market cap would be $3,954m based on the market concensus.

Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates in two segments, Gas Utility and Gas Marketing. It is also involved in the marketing of natural gas. In addition, the company engages in the transportation of propane through its propane pipeline; compression of natural gas; risk management; and other activities. Further, it provides physical natural gas storage services. The company was formerly known as The Laclede Group and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in St. Louis, Missouri.

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