Spirax-Sarco Engineering plc Given “Outperform” Rating at RBC Capital (SPX)
Spirax-Sarco Engineering plc (LON:SPX)‘s stock had its “outperform” rating reiterated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday. They currently have a GBX 3,250 ($54.67) price objective on the stock. RBC Capital’s target price indicates a potential upside of 14.32% from the stock’s previous close.
A number of other analysts have also recently weighed in on SPX. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Spirax-Sarco Engineering plc in a research note on Tuesday. They now have a GBX 3,200 ($53.83) price target on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Spirax-Sarco Engineering plc to an “add” rating in a research note on Tuesday. They now have a GBX 3,200 ($53.83) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Spirax-Sarco Engineering plc in a research note on Tuesday. They now have a GBX 3,210 ($53.99) price target on the stock. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Spirax-Sarco Engineering plc has a consensus rating of “Hold” and an average price target of GBX 2,899.09 ($48.77).
Spirax-Sarco Engineering plc (LON:SPX) opened at 2822.00 on Wednesday. Spirax-Sarco Engineering plc has a 1-year low of GBX 2535.00 and a 1-year high of GBX 3214.00. The stock has a 50-day moving average of GBX 2912.37 and a 200-day moving average of GBX 2924.. The company’s market cap is £2.123 billion.
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company specialising in steam and pump technology.
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