Spire Inc. with ticker code (SR) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 81.5 and 67 with the average target price sitting at 74.81. Now with the previous closing price of 69.57 this is indicating there is a potential upside of 7.5%. There is a 50 day moving average of 74.15 and the 200 moving average now moves to 68.49. The market capitalisation for the company is $3,653m. Company Website: https://www.spireenergy.com
The potential market cap would be $3,928m 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.
