Spirax-Sarco Engineering plc’s (SPX) Neutral Rating Reaffirmed at BNP Paribas
Several other brokerages have also commented on SPX. J P Morgan Chase & Co reissued an overweight rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, November 23rd. Bank of America Corporation raised shares of Spirax-Sarco Engineering plc to a buy rating in a report on Wednesday, January 11th. Deutsche Bank AG reissued a buy rating on shares of Spirax-Sarco Engineering plc in a report on Friday, February 3rd. Numis Securities Ltd raised shares of Spirax-Sarco Engineering plc to an add rating in a report on Wednesday, November 30th. Finally, Peel Hunt reissued an add rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, November 22nd. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Spirax-Sarco Engineering plc has a consensus rating of Hold and an average price target of GBX 3,639.44 ($45.48).
Shares of Spirax-Sarco Engineering plc (LON:SPX) traded down 0.47% during midday trading on Friday, hitting GBX 4448.00. 85,995 shares of the stock traded hands. The company’s 50 day moving average price is GBX 4,330.68 and its 200-day moving average price is GBX 4,342.53. Spirax-Sarco Engineering plc has a 12-month low of GBX 3,005.00 and a 12-month high of GBX 4,745.00. The stock’s market cap is GBX 3.26 billion.
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Spirax-Sarco Engineering plc Company Profile
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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