BofA/Merrill Lynch Downgrades Spire (SR) to Neutral Citing Valuation

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Spire (SR) Prices 2M Share Offering at $68.75/Sh

May 8, 2018 5:38 AM EDT

Spire Inc. (NYSE: SR) announced today that it has priced a public offering of 2,000,000 shares of its common stock at $68.75 per share. Spire has also granted the underwriters a 30-day option to purchase up to 300,000 additional shares of common stock. Gross proceeds from the... More

Credit Suisse Upgrades Spire (SR) to Neutral

May 3, 2018 10:07 AM EDT

Credit Suisse upgraded Spire (NYSE: SR) from Outperform to Neutral with a price target of $71.00 (from $73.00).

For an analyst ratings summary and ratings history on Spire click here. For more ratings news on Spire click here.

Shares of Spire closed at $72.15 yesterday.

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Spire (SR) PT Raised to $71 at Stifel

May 3, 2018 1:50 AM EDT

Stifel raised its price target on Spire (NYSE: SR) to $71.00 (from $65.00) while maintaining a Hold rating.

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Spire (SR) Tops Q2 EPS by 37c, Beats on Revenues; Offers FY18 EPS Mid-Point Outlook Below Consensus

May 2, 2018 7:09 AM EDT

Spire (NYSE: SR) reported Q2 EPS of $2.83, $0.37 better than the analyst estimate of $2.46. Revenue for the quarter came in at $813.4 million versus the consensus estimate of $676.29 million.

Initiation of fiscal 2018 net economic earnings guidance of $3.65 to $3.75 per share and increasing long-term earnings growth... More