Liberum Capital reiterated their hold rating on shares of Spirax-Sarco Engineering plc (LON:SPX) in a research report report published on Wednesday morning.
Other research analysts have also issued research reports about the company. BNP Paribas restated a neutral rating on shares of Spirax-Sarco Engineering plc in a research report on Tuesday, July 18th. Numis Securities Ltd restated an add rating on shares of Spirax-Sarco Engineering plc in a research report on Tuesday, July 18th. Deutsche Bank AG restated a buy rating on shares of Spirax-Sarco Engineering plc in a research report on Monday, July 10th. J P Morgan Chase & Co restated a neutral rating on shares of Spirax-Sarco Engineering plc in a research report on Monday, July 3rd. Finally, Peel Hunt restated an add rating on shares of Spirax-Sarco Engineering plc in a research report on Wednesday. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 4,000 ($52.09).
Shares of Spirax-Sarco Engineering plc (LON SPX) opened at 5695.00 on Wednesday. The company’s market cap is GBX 4.19 billion. The firm has a 50-day moving average price of GBX 5,528.43 and a 200 day moving average price of GBX 5,090.73. Spirax-Sarco Engineering plc has a 1-year low of GBX 4,076.00 and a 1-year high of GBX 5,875.00.
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The firm also recently announced a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 12th will be given a dividend of GBX 25.50 ($0.33) per share. The ex-dividend date of this dividend is Thursday, October 12th. This represents a dividend yield of 0.44%.
In other Spirax-Sarco Engineering plc news, insider Kevin Boyd bought 1,000 shares of the company’s stock in a transaction on Monday, June 12th. The stock was acquired at an average price of GBX 5,401 ($70.33) per share, for a total transaction of £54,010 ($70,334.68).
Spirax-Sarco Engineering plc Company Profile
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.
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