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BTIG Sticks to Their Buy Rating for Spire (SR)

Tipranks - Tipranks - Sat Jun 13, 7:40AM CDT

BTIG analyst Alex Kania maintained a Buy rating on Spire on June 10 and set a price target of $105.00. The company’s shares closed yesterday at $80.26.

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Kania covers the Utilities sector, focusing on stocks such as Entergy, Spire, and PPL. According to TipRanks, Kania has an average return of 1.3% and a 48.91% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Spire with a $100.14 average price target.

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Based on Spire’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.02 billion and a net profit of $282.2 million. In comparison, last year the company earned a revenue of $1.05 billion and had a net profit of $209.3 million

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Ryan L Hyman, the SVP, CCIO of SR sold 3,822.00 shares for a total of $307,709.22.

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