Spirax-Sarco Engineering Given Hold Rating at Liberum Capital (SPX)
Spirax-Sarco Engineering (LON:SPX)‘s stock had its “hold” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Tuesday, AR Network reports.
A number of other analysts have also recently weighed in on SPX. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Spirax-Sarco Engineering in a research note to investors on Monday, January 13th. They now have a GBX 3,030 ($49.93) price target on the stock. Separately, analysts at Investec raised their price target on shares of Spirax-Sarco Engineering from GBX 3,150 ($51.90) to GBX 3,425 ($56.43) in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Spirax-Sarco Engineering in a research note to investors on Wednesday, January 8th. They now have a GBX 3,200 ($52.73) price target on the stock. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 2,605.82 ($42.94).
Spirax-Sarco Engineering (LON:SPX) traded up 0.04% on Tuesday, hitting GBX 2818.00. 31,712 shares of the company’s stock traded hands. Spirax-Sarco Engineering has a 1-year low of GBX 2344.8459 and a 1-year high of GBX 3214.00. The stock’s 50-day moving average is GBX 2941.33 and its 200-day moving average is GBX 2937.. The company’s market cap is £2.109 billion.
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. It comprises the two businesses: Spirax Sarco for steam specialties and Watson-Marlow for peristaltic and pumps.
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