Shares of Spirax-Sarco Engineering plc (LON:SPX – Get Free Report) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 8,540.
SPX has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their target price on Spirax-Sarco Engineering from GBX 7,500 to GBX 7,800 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Peel Hunt reaffirmed a “buy” rating and set a GBX 8,500 price target on shares of Spirax-Sarco Engineering in a research report on Thursday, November 13th. Shore Capital reissued a “hold” rating on shares of Spirax-Sarco Engineering in a research report on Thursday, November 13th. UBS Group raised shares of Spirax-Sarco Engineering to a “buy” rating and lifted their price objective for the stock from GBX 7,500 to £105 in a report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Spirax-Sarco Engineering from GBX 7,250 to GBX 7,500 and gave the company a “hold” rating in a research note on Thursday, November 13th.
Read Our Latest Stock Report on SPX
Spirax-Sarco Engineering Stock Performance
About Spirax-Sarco Engineering
Spirax-Sarco Engineering rebrands as Spirax Group
On 22 February 2024, Spirax-Sarco Engineering changed its name to Spirax Group which reflects the Company’s evolution over many years to a larger and stronger Group of three aligned Businesses with differentiated and complementary capabilities.
Our new name respects our history and where we have come from, with who we are today.
See Also
- Five stocks we like better than Spirax-Sarco Engineering
- 3 Fintech Stocks With Good 2021 Prospects
- Disney’s $1 Billion Deal Brings Its Magic to OpenAI
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Why Amazon Could Be a $300 Stock Within Weeks
- Should You Invest in Penny Stocks?
- Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside
Receive News & Ratings for Spirax-Sarco Engineering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirax-Sarco Engineering and related companies with MarketBeat.com's FREE daily email newsletter.
