Peel Hunt reiterated their add rating on shares of Spirax-Sarco Engineering plc (LON:SPX) in a report released on Tuesday. The brokerage currently has a GBX 6,000 ($79.18) price objective on the stock.

A number of other research analysts have also recently issued reports on SPX. Investec reissued a not rated rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. Numis Securities Ltd reissued an add rating on shares of Spirax-Sarco Engineering plc in a report on Thursday, August 10th. Liberum Capital reissued a hold rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. HSBC Holdings plc reissued a hold rating on shares of Spirax-Sarco Engineering plc in a report on Friday, September 29th. Finally, Deutsche Bank AG reissued a buy rating on shares of Spirax-Sarco Engineering plc in a report on Thursday, October 12th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 6,000 ($79.18).

Spirax-Sarco Engineering plc (SPX) opened at GBX 5,820 ($76.80) on Tuesday.

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The firm also recently announced a dividend, which will be paid on Friday, November 10th. Stockholders of record on Thursday, October 12th will be paid a GBX 25.50 ($0.34) dividend. The ex-dividend date is Thursday, October 12th. This represents a dividend yield of 0.44%.

In other Spirax-Sarco Engineering plc news, insider Nicholas John Anderson bought 33 shares of the stock in a transaction dated Wednesday, October 11th. The stock was bought at an average cost of GBX 4,477 ($59.08) per share, for a total transaction of £1,477.41 ($1,949.60).

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.

Analyst Recommendations for Spirax-Sarco Engineering plc (LON:SPX)

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