Spirax-Sarco Engineering plc (LON:SPX) insider Nicholas John Anderson acquired 54 shares of the firm’s stock in a transaction that occurred on Wednesday, October 12th. The shares were bought at an average price of GBX 2,797 ($34.62) per share, with a total value of £1,510.38 ($1,869.28).
Spirax-Sarco Engineering plc (LON:SPX) opened at 4555.998535 on Monday. The firm’s market capitalization is GBX 3.34 billion. The stock has a 50 day moving average price of GBX 4,454.32 and a 200-day moving average price of GBX 3,888.41. Spirax-Sarco Engineering plc has a one year low of GBX 2,664.00 and a one year high of GBX 4,745.00.
The company also recently disclosed a dividend, which will be paid on Friday, November 11th. Stockholders of record on Thursday, October 13th will be paid a GBX 22.50 ($0.28) dividend. The ex-dividend date of this dividend is Thursday, October 13th. This represents a dividend yield of 0.52%.
A number of brokerages recently weighed in on SPX. HSBC upped their price objective on Spirax-Sarco Engineering plc from GBX 3,450 ($42.70) to GBX 4,000 ($49.50) and gave the stock a “hold” rating in a research note on Tuesday, August 16th. BNP Paribas restated an “underperform” rating and set a GBX 3,700 ($45.79) price objective on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, August 10th. Numis Securities Ltd restated a “hold” rating and set a GBX 4,100 ($50.74) price objective on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, August 10th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 3,500 ($43.32) price objective on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Spirax-Sarco Engineering plc presently has a consensus rating of “Hold” and a consensus target price of GBX 3,558.50 ($44.04).
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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