JP Morgan Upgrades Spire Inc (SR) to an Overweight from a Neutral

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Spire Inc’s recently made public that its President, AL & MS Hampton Joseph B. unloaded Company’s shares for reported $99522.0 on Dec 13 ’24. In the deal valued at $67.61 per share,1,472 shares were sold. As a result of this transaction, Hampton Joseph B. now holds 5,311 shares worth roughly $0.4 million.

Then, Woodard Adam W. sold 1,150 shares, generating $77,590 in total proceeds. Upon selling the shares at $67.47, the Treasurer now owns 2,587 shares.

Before that, KOONCE PAUL D bought 1,000 shares. Spire Inc shares valued at $73,610 were divested by the Director at a price of $73.61 per share. As a result of the transaction, KOONCE PAUL D now holds 2,425 shares, worth roughly $0.18 million.

JP Morgan upgraded its Spire Inc [SR] rating to an Overweight from a a Neutral in a research note published on March 20, 2025; the price target was increased to $85 from $72. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who increased its forecast for the stock in late February from “a Sell” to “a Buy”. Mizuho also remained covering SR and has increased its forecast on December 20, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Janney started covering the stock on December 17, 2024. It rated SR as “a Neutral”.

Price Performance Review of SR

On Tuesday, Spire Inc [NYSE:SR] saw its stock jump 0.75% to $75.21. Over the last five days, the stock has lost -0.25%. Spire Inc shares have risen nearly 10.88% since the year began. Nevertheless, the stocks have risen 25.43% over the past one year. While a 52-week high of $79.81 was reached on 04/03/25, a 52-week low of $57.77 was recorded on 01/10/25. SMA at 50 days reached $75.78, while 200 days put it at $70.54.

Levels Of Support And Resistance For SR Stock

The 24-hour chart illustrates a support level at 74.34, which if violated will result in even more drops to 73.47. On the upside, there is a resistance level at 75.70. A further resistance level may holdings at 76.19. The Relative Strength Index (RSI) on the 14-day chart is 51.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.17%. Stochastics %K at 85.11% indicates the stock is a selling.

How much short interest is there in Spire Inc?

A steep rise in short interest was recorded in Spire Inc stocks on 2025-05-15, growing by 0.16 million shares to a total of 1.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 1.5 million shares. There was a rise of 9.66%, which implies that there is a positive sentiment for the stock.

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