Spirax-Sarco Engineering plc (SPX) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Spirax-Sarco Engineering plc (LON:SPX) have been assigned an average rating of “Hold” from the eight analysts that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 4,000 ($50.60).

Several research firms have recently issued reports on SPX. Liberum Capital reaffirmed a “hold” rating on shares of Spirax-Sarco Engineering plc in a research report on Tuesday, May 9th. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Spirax-Sarco Engineering plc in a research report on Tuesday, March 7th. Deutsche Bank AG reissued a “buy” rating on shares of Spirax-Sarco Engineering plc in a research report on Wednesday, May 3rd. Finally, Numis Securities Ltd cut shares of Spirax-Sarco Engineering plc to a “hold” rating in a research report on Tuesday, May 9th.

In related news, insider Kevin Boyd purchased 1,000 shares of Spirax-Sarco Engineering plc stock in a transaction that occurred on Monday, June 12th. The stock was purchased at an average cost of GBX 5,401 ($68.32) per share, with a total value of £54,010 ($68,323.85). Also, insider James Whalen sold 3,585 shares of the business’s stock in a transaction on Tuesday, March 21st. The shares were sold at an average price of GBX 4,786 ($60.54), for a total transaction of £171,578.10 ($217,050.09).

TRADEMARK VIOLATION WARNING: This piece was reported by Mideast Time and is the sole property of of Mideast Time. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.mideasttime.com/spirax-sarco-engineering-plc-spx-receives-consensus-recommendation-of-hold-from-analysts/1786896.html.

Shares of Spirax-Sarco Engineering plc (LON SPX) traded up 3.59% during mid-day trading on Friday, hitting GBX 5480.00. The stock had a trading volume of 532,085 shares. Spirax-Sarco Engineering plc has a 12 month low of GBX 3,250.00 and a 12 month high of GBX 5,815.00. The firm’s market cap is GBX 4.02 billion. The stock’s 50-day moving average is GBX 5,357.50 and its 200 day moving average is GBX 4,724.21.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:SPX”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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 MarketBeat.com's FREE daily email newsletter.

Leave a Reply

© 2006-2017 Mideast Time.