Jefferies Group reiterated their hold rating on shares of Spirax-Sarco Engineering (LON:SPX) in a research note issued to investors on Thursday. They currently have a GBX 6,010 ($83.03) price target on the stock.
Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. decreased their target price on Spirax-Sarco Engineering from GBX 5,700 ($78.75) to GBX 5,500 ($75.99) and set a neutral rating for the company in a research note on Wednesday, February 14th. Liberum Capital lifted their target price on Spirax-Sarco Engineering from GBX 5,070 ($70.05) to GBX 5,700 ($78.75) and gave the company a hold rating in a research note on Friday, January 12th. Numis Securities restated a hold rating and issued a GBX 6,000 ($82.90) target price on shares of Spirax-Sarco Engineering in a research note on Wednesday, February 14th. Goldman Sachs Group assumed coverage on Spirax-Sarco Engineering in a research note on Wednesday, December 13th. They issued a neutral rating and a GBX 5,600 ($77.37) target price for the company. Finally, Barclays assumed coverage on Spirax-Sarco Engineering in a research note on Friday, December 1st. They issued an equal weight rating and a GBX 6,100 ($84.28) target price for the company. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of GBX 5,930 ($81.93).
Spirax-Sarco Engineering (LON:SPX) opened at GBX 5,640 ($77.92) on Thursday. Spirax-Sarco Engineering has a 52 week low of GBX 4,350 ($60.10) and a 52 week high of GBX 5,995 ($82.83). The company has a market capitalization of $4,140.00 and a P/E ratio of 3,186.44.
In other news, insider Neil H. Daws sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of GBX 5,860 ($80.96), for a total transaction of £70,320 ($97,153.91).
About Spirax-Sarco Engineering
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirax-Sarco Engineering and related companies with MarketBeat.com's FREE daily email newsletter.