Spirax-Sarco Engineering plc (SPX) Stock Rating Reaffirmed by Numis Securities Ltd
Spirax-Sarco Engineering plc (LON:SPX)‘s stock had its “add” rating reaffirmed by stock analysts at Numis Securities Ltd in a research note issued to investors on Thursday.
A number of other research firms have also recently commented on SPX. Deutsche Bank AG restated a “buy” rating on shares of Spirax-Sarco Engineering plc in a research note on Thursday, June 1st. J P Morgan Chase & Co cut shares of Spirax-Sarco Engineering plc to a “neutral” rating in a research note on Friday, June 2nd. BNP Paribas restated a “neutral” rating on shares of Spirax-Sarco Engineering plc in a research note on Tuesday, July 18th. Peel Hunt restated an “add” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday. Finally, Liberum Capital restated a “hold” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Spirax-Sarco Engineering plc has a consensus rating of “Hold” and a consensus price target of GBX 4,000 ($52.09).
Shares of Spirax-Sarco Engineering plc (LON SPX) opened at 5750.00 on Thursday. The company’s 50-day moving average is GBX 5,520.36 and its 200-day moving average is GBX 5,080.98. The company’s market cap is GBX 4.22 billion. Spirax-Sarco Engineering plc has a 12-month low of GBX 4,076.00 and a 12-month high of GBX 5,875.00.
In other news, insider Kevin Boyd bought 1,000 shares of the firm’s stock in a transaction on Monday, June 12th. The shares were bought at an average price of GBX 5,401 ($70.33) per share, for a total transaction of £54,010 ($70,334.68).
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.
Receive News & Ratings for Spirax-Sarco Engineering plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirax-Sarco Engineering plc and related companies with Analyst Ratings Network's FREE daily email newsletter.