A number of other analysts also recently weighed in on SPX. Deutsche Bank AG reiterated a buy rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, May 3rd. Liberum Capital reiterated a hold rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, May 9th. Numis Securities Ltd downgraded Spirax-Sarco Engineering plc to a hold rating in a report on Tuesday, May 9th. J P Morgan Chase & Co reiterated an overweight rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, May 10th. Finally, BNP Paribas reiterated a neutral rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, July 18th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 4,000 ($52.09).
Spirax-Sarco Engineering plc (LON SPX) opened at 5695.00 on Wednesday. Spirax-Sarco Engineering plc has a 1-year low of GBX 4,076.00 and a 1-year high of GBX 5,875.00. 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. The firm’s market capitalization is GBX 4.19 billion.
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The company also recently announced a dividend, which will be paid on Friday, November 10th. Stockholders of record on Thursday, October 12th will be paid a GBX 25.50 ($0.33) dividend. The ex-dividend date is Thursday, October 12th. This represents a dividend yield of 0.44%.
In other news, insider Kevin Boyd bought 1,000 shares of Spirax-Sarco Engineering plc stock in a transaction dated Monday, June 12th. The stock was bought at an average cost of GBX 5,401 ($70.33) per share, for a total transaction of £54,010 ($70,334.68).
About Spirax-Sarco Engineering plc
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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