Spirax-Sarco Engineering plc Rating Reiterated by RBC Capital (SPX)
Spirax-Sarco Engineering plc (LON:SPX)‘s stock had its “outperform” rating reaffirmed by RBC Capital in a research note issued on Tuesday. They currently have a GBX 3,250 ($54.64) price target on the stock. RBC Capital’s target price would suggest a potential upside of 8.80% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at HSBC reiterated an “overweight” rating on shares of Spirax-Sarco Engineering plc in a research note on Thursday, May 22nd. They now have a GBX 3,300 ($55.48) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Spirax-Sarco Engineering plc in a research note on Tuesday, May 20th. They now have a GBX 3,200 ($53.80) price target on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Spirax-Sarco Engineering plc to an “add” rating in a research note on Tuesday, May 20th. They now have a GBX 3,200 ($53.80) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Spirax-Sarco Engineering plc currently has a consensus rating of “Hold” and an average price target of GBX 2,894.55 ($48.66).
Shares of Spirax-Sarco Engineering plc (LON:SPX) opened at 2966.00 on Tuesday. Spirax-Sarco Engineering plc has a 1-year low of GBX 2535.00 and a 1-year high of GBX 3214.00. The stock’s 50-day moving average is GBX 2899.12 and its 200-day moving average is GBX 2922.. The company’s market cap is £2.232 billion.
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company specialising in steam and pump technology.
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