Spire Healthcare Group (LON:SPI) Sets New 12-Month High at $254.00

Spire Healthcare Group plc (LON:SPI) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 254 ($3.19) and last traded at GBX 253.68 ($3.19), with a volume of 238771 shares traded. The stock had previously closed at GBX 250.50 ($3.15).

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on SPI shares. Berenberg Bank increased their target price on shares of Spire Healthcare Group from GBX 286 ($3.59) to GBX 300 ($3.77) and gave the company a “buy” rating in a research note on Wednesday, April 17th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 344 ($4.32) price objective on shares of Spire Healthcare Group in a research report on Thursday, April 18th.

Spire Healthcare Group Stock Performance

The firm has a market capitalization of £1.03 billion, a P/E ratio of 3,621.57, a P/E/G ratio of 1.06 and a beta of 0.99. The company has a debt-to-equity ratio of 170.37, a current ratio of 0.69 and a quick ratio of 0.74. The firm has a 50-day moving average price of GBX 240.29 and a two-hundred day moving average price of GBX 232.04.

Spire Healthcare Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 23rd will be paid a GBX 2.10 ($0.03) dividend. This is an increase from Spire Healthcare Group’s previous dividend of $0.50. This represents a yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 23rd. Spire Healthcare Group’s dividend payout ratio is currently 4,285.71%.

Spire Healthcare Group Company Profile

Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics. It offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments.