Spirax-Sarco Engineering (LON:SPX) had its price target cut by JPMorgan Chase & Co. from GBX 6,300 ($82.32) to GBX 6,000 ($78.40) in a report published on Tuesday. They currently have a neutral rating on the stock.
Other analysts also recently issued reports about the stock. Peel Hunt restated an add rating on shares of Spirax-Sarco Engineering in a research report on Tuesday. Barclays boosted their price target on shares of Spirax-Sarco Engineering from GBX 6,360 ($83.10) to GBX 6,600 ($86.24) and gave the stock an equal weight rating in a research report on Thursday, August 9th. Numis Securities downgraded shares of Spirax-Sarco Engineering to a hold rating and set a GBX 7,000 ($91.47) price target on the stock. in a research report on Thursday, August 9th. Goldman Sachs Group boosted their price target on shares of Spirax-Sarco Engineering from GBX 6,250 ($81.67) to GBX 6,550 ($85.59) and gave the stock a neutral rating in a research report on Thursday, August 9th. Finally, UBS Group restated a neutral rating and set a GBX 7,100 ($92.77) price target (up from GBX 6,350 ($82.97)) on shares of Spirax-Sarco Engineering in a research report on Thursday, October 4th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 6,385.83 ($83.44).
SPX stock opened at GBX 6,170 ($80.62) on Tuesday. Spirax-Sarco Engineering has a 52 week low of GBX 4,681 ($61.17) and a 52 week high of GBX 6,155 ($80.43).
Spirax-Sarco Engineering plc provides engineered solutions for the design, maintenance, and provision of industrial and commercial steam systems. It offers condensate management products, such as steam traps, condensate return pumps, and isolation valves; controls, including automatic control valves, pressure regulators, and temperature controls; and energy management products comprising metering products, boiler house products, heat transfer packages, and energy services.
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