Liberum Capital Reiterates Hold Rating for Spirax-Sarco Engineering plc (SPX)
Spirax-Sarco Engineering plc (LON:SPX)‘s stock had its “hold” rating reiterated by stock analysts at Liberum Capital in a report released on Wednesday.
Other research analysts have also recently issued reports about the company. Peel Hunt reissued an “add” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday. Numis Securities Ltd reaffirmed an “add” rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, July 18th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, May 3rd. BNP Paribas reaffirmed a “neutral” rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, July 18th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Spirax-Sarco Engineering plc in a report on Monday, July 3rd. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 3,825 ($49.81).
Shares of Spirax-Sarco Engineering plc (LON:SPX) opened at 5835.00 on Wednesday. The company’s 50 day moving average price is GBX 5,512.66 and its 200-day moving average price is GBX 5,076.24. Spirax-Sarco Engineering plc has a 52 week low of GBX 4,076.00 and a 52 week high of GBX 5,835.00. The stock’s market capitalization is GBX 4.29 billion.
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In other Spirax-Sarco Engineering plc news, insider Kevin Boyd purchased 1,000 shares of the firm’s stock in a transaction on Monday, June 12th. The stock was bought at an average cost of GBX 5,401 ($70.33) per share, with a total value of £54,010 ($70,334.68).
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.
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