Spirax-Sarco Engineering plc (SPX) Given Consensus Rating of “Hold” by Analysts
Shares of Spirax-Sarco Engineering plc (LON:SPX) have earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.
Several equities analysts recently commented on the stock. Numis Securities Ltd restated an “add” rating on shares of Spirax-Sarco Engineering plc in a research note on Thursday, August 10th. Investec restated a “not rated” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, August 9th. Liberum Capital reaffirmed a “hold” rating on shares of Spirax-Sarco Engineering plc in a research report on Wednesday, August 9th. Peel Hunt reaffirmed an “add” rating on shares of Spirax-Sarco Engineering plc in a research report on Wednesday, August 9th. Finally, BNP Paribas reaffirmed a “neutral” rating on shares of Spirax-Sarco Engineering plc in a research report on Tuesday, July 18th.
Spirax-Sarco Engineering plc (SPX) traded down 0.71% on Wednesday, reaching GBX 5580.00. 71,789 shares of the company 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 firm’s market capitalization is GBX 4.10 billion. The stock has a 50 day moving average of GBX 5,616.67 and a 200 day moving average of GBX 5,235.76.
The business also recently announced a dividend, which will be paid on Friday, November 10th. Stockholders of record on Thursday, October 12th will be issued a GBX 25.50 ($0.33) dividend. The ex-dividend date of this dividend is Thursday, October 12th. This represents a dividend yield of 0.44%.
In related news, insider Kevin Boyd bought 1,000 shares of the company’s stock in a transaction dated Monday, June 12th. The stock was purchased at an average price of GBX 5,401 ($69.75) per share, with a total value of £54,010 ($69,753.33).
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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