Spire Inc. – Consensus Indicates Potential 7.6% Upside

Broker Ratings
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Spire Inc. found using ticker (SR) have now 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 77 and 58 with the average target price sitting at 68.5. Now with the previous closing price of 63.64 this would imply there is a potential upside of 7.6%. There is a 50 day moving average of 63.79 while the 200 day moving average is 68.09. The company has a market cap of $3,352m. Company Website: https://www.spireenergy.com

The potential market cap would be $3,608m 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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