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