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 "equal weight" rating reaffirmed by equities researchers at Barclays in a note issued to investors on Thursday, Marketbeat.com reports. They currently have a £122.50 ($148.02) target price on the stock. Barclays's target price indicates a potential upside of 12.85% from the company's current price.
A number of other equities analysts have also recently weighed in on the stock. Shore Capital reaffirmed a "hold" rating on shares of Spirax-Sarco Engineering in a research report on Wednesday, September 28th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a £132 ($159.50) price target on shares of Spirax-Sarco Engineering in a research report on Thursday, June 30th. Finally, Royal Bank of Canada reissued an "underperform" rating and issued a £105 ($126.87) price target on shares of Spirax-Sarco Engineering in a research report on Tuesday, August 16th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of £122.68 ($148.23).Spirax-Sarco Engineering Stock Performance
LON:SPX opened at £108.55 ($131.16) on Thursday. The company has a debt-to-equity ratio of 52.15, a quick ratio of 1.73 and a current ratio of 2.56. The stock has a market capitalization of £8.01 billion and a P/E ratio of 3,607.62. The company has a 50 day moving average price of £108.43 and a 200 day moving average price of £110.26. Spirax-Sarco Engineering has a fifty-two week low of GBX 9,008 ($108.84) and a fifty-two week high of £172.25 ($208.13). Insider Activity at Spirax-Sarco Engineering
In related news, insider Nicholas John Anderson acquired 1,000 shares of the firm's stock in a transaction on Monday, October 3rd. The stock was bought at an average price of £102.39 ($123.72) per share, for a total transaction of £102,390 ($123,719.19). Spirax-Sarco Engineering Company Profile (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.Read More3 Alzheimer Stocks to Buy as the Race for a Cure Heats Up Don’t Forget About These Cheap, Fundamentally Strong Tech StocksBellwether RPM International Pops On Results Rivian Checks Off Boxes, But Still Needs a Lot to Go Right Hot Potato: Lamb Weston Stock Confirms a Top
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.