Spirax-Sarco Engineering plc (SPX) Given Consensus Rating of “Hold” by Analysts
Shares of Spirax-Sarco Engineering plc (LON:SPX) have been given an average recommendation of “Hold” by the eight analysts that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.
A number of equities analysts recently issued reports on the company. Numis Securities Ltd reiterated an “add” rating on shares of Spirax-Sarco Engineering plc in a report on Thursday, August 10th. Investec reiterated a “not rated” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. Liberum Capital reiterated a “hold” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. Peel Hunt reiterated an “add” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. Finally, BNP Paribas reiterated a “neutral” rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, July 18th.
Shares of Spirax-Sarco Engineering plc (LON:SPX) traded up 1.10% during mid-day trading on Friday, hitting GBX 5510.00. 110,848 shares of the stock were exchanged. Spirax-Sarco Engineering plc has a 12-month low of GBX 4,076.00 and a 12-month high of GBX 5,875.00. The stock’s market capitalization is GBX 4.05 billion. The stock’s 50 day moving average price is GBX 5,637.84 and its 200-day moving average price is GBX 5,329.82.
The business also recently disclosed a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 12th will be paid a dividend of GBX 25.50 ($0.34) per share. This represents a yield of 0.44%. The ex-dividend date 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.
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