Spirax-Sarco Engineering plc Receives Consensus Rating of “Hold” from Analysts (LON:SPX)
Spirax-Sarco Engineering plc (LON:SPX) has received an average recommendation of “Hold” from the thirteen ratings firms that are covering the stock, Analyst RN reports. Eight analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 2,905.83 ($49.45).
Shares of Spirax-Sarco Engineering plc (LON:SPX) traded up 0.97% during mid-day trading on Thursday, hitting GBX 2714.00. 29,216 shares of the company’s stock traded hands. Spirax-Sarco Engineering plc has a 52-week low of GBX 2636.00 and a 52-week high of GBX 3214.00. The stock’s 50-day moving average is GBX 2878.07 and its 200-day moving average is GBX 2919.84. The company’s market cap is £2.042 billion.
A number of research firms have recently commented on SPX. Analysts at RBC Capital reiterated an “outperform” rating on shares of Spirax-Sarco Engineering plc in a research note on Thursday. They now have a GBX 3,250 ($55.31) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Spirax-Sarco Engineering plc in a research note on Monday, June 16th. They now have a GBX 3,030 ($51.57) price target on the stock.
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company specialising in steam and pump technology.
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