Bank of America Securities Sticks to Its Sell Rating for Spire (SR)
Bank of America Securities analyst Ross Fowler maintained a Sell rating on Spire today and set a price target of $76.00. The company’s shares closed yesterday at $76.06.
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Fowler covers the Utilities sector, focusing on stocks such as Alliant Energy, Eversource Energy, and Nisource. According to TipRanks, Fowler has an average return of 5.5% and a 59.38% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Spire with a $81.33 average price target.
SR market cap is currently $4.49B and has a P/E ratio of 16.22.
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- Spire price target lowered to $81 from $82 at Morgan Stanley
- Target downgraded, Salesforce upgraded: Wall Street’s top analyst calls
- Spire downgraded to Underperform from Neutral at BofA
- Balanced Outlook on Spire: Hold Rating Amid Growth Opportunities and Operational Challenges
- Spire Inc. Reports Strong Q3 Earnings Turnaround
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