Shares of Spirax-Sarco Engineering plc (LON:SPX) have received an average recommendation of “Hold” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

SPX has been the topic of several research reports. J P Morgan Chase & Co restated a “neutral” rating on shares of Spirax-Sarco Engineering plc in a research note on Monday, July 3rd. Deutsche Bank AG restated a “buy” rating on shares of Spirax-Sarco Engineering plc in a research note on Monday, July 10th. Numis Securities Ltd restated an “add” rating on shares of Spirax-Sarco Engineering plc in a research note on Tuesday, July 18th. BNP Paribas restated a “neutral” rating on shares of Spirax-Sarco Engineering plc in a research note on Tuesday, July 18th. Finally, Peel Hunt restated an “add” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, August 9th.

In other news, insider Nicholas John Anderson bought 33 shares of the firm’s stock in a transaction that occurred on Wednesday, October 11th. The stock was purchased at an average price of GBX 4,477 ($59.49) per share, with a total value of £1,477.41 ($1,963.07).

Shares of Spirax-Sarco Engineering plc (LON SPX) traded down 0.53% on Thursday, reaching GBX 5620.00. 92,958 shares of the company’s stock were exchanged. The stock’s market cap is GBX 4.13 billion. Spirax-Sarco Engineering plc has a one year low of GBX 4,076.00 and a one year high of GBX 5,875.00. The company’s 50 day moving average is GBX 5,621.08 and its 200-day moving average is GBX 5,461.66.

The firm also recently declared a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 12th will be issued a GBX 25.50 ($0.34) dividend. This represents a yield of 0.44%. The ex-dividend date of this dividend is Thursday, October 12th.

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About Spirax-Sarco Engineering plc

Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. The Company’s segments include Europe, Middle East & Africa; Asia Pacific; Americas; Steam specialties business, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The Company’s businesses include Spirax Sarco and Watson-Marlow.

Analyst Recommendations for Spirax-Sarco Engineering plc (LON:SPX)

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