RBC Capital analyst Shelby Tucker maintained a Hold rating on Spire (NYSE:SR) Inc on Friday, setting a price target of $78, which is approximately 16.19% above the present share price of $67.13.
Tucker expects Spire Inc to post earnings per share (EPS) of $2.55 for the second quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Spire, with an average price target of $77.
The analysts price targets range from a high of $82 to a low of $70.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $715.5 million and a net profit of $210.5 million. The company's market cap is $3.44 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is a 4-star analyst with an average return of 3.6% and a 59.4% success rate.
Spire Inc. operates as a public utility holding company, which provides natural gas service through its utility operations while engaging in non-regulated activities. It operates through the following business segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas Company and Alabama Gas Corporation. The Gas Marketing segment includes Laclede Energy Resources, Inc. a subsidiary engaged in the marketing of natural gas and related activities on a non-regulated basis. The company also engages in other businesses, including the transportation of liquid propane, real estate development, the compression of natural gas, financial investments in other enterprises, propane sales transactions, propane storage, and related services, and merchandise sales business. Spire was founded on October 1, 2001 and is headquartered in St. Louis, MO.