Shore Capital Reiterates Hold Rating for Spirax-Sarco Engineering (LON:SPX) - MarketBeat

2022-10-11 01:50:21 By : Mr. Shangguo Ma

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Spirax-Sarco Engineering (LON:SPX - Get Rating) 's stock had its "hold" rating reiterated by research analysts at Shore Capital in a report issued on Wednesday, Marketbeat Ratings reports.

SPX has been the subject of a number of other reports. Barclays boosted their price target on Spirax-Sarco Engineering from £111.50 ($134.73) to £122.50 ($148.02) and gave the company an "equal weight" rating in a report on Friday, August 12th. Royal Bank of Canada reiterated an "underperform" rating and issued a £105 ($126.87) target price on shares of Spirax-Sarco Engineering in a research note on Tuesday, August 16th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and set a £132 ($159.50) price target on shares of Spirax-Sarco Engineering in a research report on Thursday, June 30th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of £122.68 ($148.23).Spirax-Sarco Engineering Stock Performance

Shares of SPX stock opened at £100.80 ($121.80) on Wednesday. Spirax-Sarco Engineering has a 52-week low of GBX 9,008 ($108.84) and a 52-week high of £172.25 ($208.13). The company has a quick ratio of 1.73, a current ratio of 2.56 and a debt-to-equity ratio of 52.15. The stock has a market cap of £7.44 billion and a PE ratio of 3,337.75. The business has a 50-day simple moving average of £109.26 and a 200-day simple moving average of £111.16. About Spirax-Sarco Engineering (Get Rating)

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes, heaters, and systems; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications.See AlsoDefensive Stocks For A Volatile MarketSunPower Is Ready To Power Up Triple-Digit Earnings GainsWill UPS Be Next to Deliver a Warning?Is This the Darkest Before the Dawn for Gap Stock?Build A Better Tech Portfolio With Jabil Inc.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Spirax-Sarco Engineering, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spirax-Sarco Engineering wasn't on the list.

While Spirax-Sarco Engineering currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Kirk McDonald shares three stocks from different industries with different market caps and explains why each is a holding in his portfolio.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.