FMP
Sep 25, 2025 7:00 PM - Andrew Wynn
Image credit: Google Images
On September 25, 2025, David Arcaro from Morgan Stanley set a price target of $76 for Spire Inc. (NYSE: SR). At the time, SR was trading at $79.20, indicating a price difference of approximately -4.03% from the target. Spire Inc. is a natural gas company that provides energy services to residential, commercial, and industrial customers.
Currently, SR is priced at $79.03, showing a slight increase of 0.24, or 0.30%, for the day. The stock has seen a low of $78.47 and a high of $79.21 during today's trading. Over the past year, SR has reached a high of $79.81 and a low of $61.56, reflecting some volatility in its price movements.
Despite the recent federal funds rate cut, investors are keeping a close eye on potential recession indicators. Concerns about a struggling housing market and labor market warning signs are prevalent. However, many stocks, including SR, continue to perform well, suggesting resilience in certain sectors.
For investors concerned about an impending recession, shifting towards more defensive equity investments might be wise. Sectors like consumer staples, utilities, and healthcare are considered recession-resistant. Companies like Church & Dwight Co. Inc. (NYSE: CHD) in the consumer staples sector are known for their reliable dividends and diverse product range, offering potential stability.
SR's market capitalization is approximately $4.66 billion, with a trading volume of 257,645 shares. This positions SR as a significant player in the utilities sector, which is often seen as a stable investment during economic uncertainty. As investors navigate potential market turbulence, SR's performance and market position remain noteworthy.
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