Spirax-Sarco Engineering plc (SPX) Receives Average Recommendation of “Hold” from Brokerages
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.
WARNING: “Spirax-Sarco Engineering plc (SPX) Receives Average Recommendation of “Hold” from Brokerages” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/10/19/spirax-sarco-engineering-plc-spx-receives-average-recommendation-of-hold-from-brokerages.html.
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.
Receive News & Ratings for Spirax-Sarco Engineering plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirax-Sarco Engineering plc and related companies with MarketBeat.com's FREE daily email newsletter.