Spirax-Sarco Engineering Price Target Increased to $43.16 by Analysts at Goldman Sachs (SPX)
Equities researchers at Goldman Sachs boosted their target price on shares of Spirax-Sarco Engineering (LON: SPX) from $42.65 (2856 GBX) to $43.16 (2890 GBX) in a report issued on Monday. The firm currently has a “hold” rating on the stock.
Spirax-Sarco Engineering opened at 2698.00 on Monday. Spirax-Sarco Engineering has a 1-year low of GBX 1887.9999 and a 1-year high of GBX 2663.00. The stock’s 50-day moving average is currently GBX 2119.08. The company’s market cap is £2.107 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG raised their price target on shares of Spirax-Sarco Engineering from $35.84 to $38.83 in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Spirax-Sarco Engineering from $30.54 to $40.10 in a research note to investors on Friday. They now have a “hold” rating on the stock. Finally, analysts at Liberum Capital reiterated a “neutral” rating on shares of Spirax-Sarco Engineering in a research note to investors on Friday. They now have a $38.53 price target on the stock.
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. It comprises the two businesses: Spirax Sarco for steam specialties and Watson-Marlow for peristaltic and pumps.
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