Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Spirax-Sarco Engineering (LON:SPX – Free Report) in a report released on Wednesday, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 7,500 price objective on the stock.
SPX has been the subject of a number of other reports. Jefferies Financial Group restated a “buy” rating and set a GBX 8,740 price target on shares of Spirax-Sarco Engineering in a report on Wednesday. Berenberg Bank restated a “hold” rating and set a GBX 7,350 target price on shares of Spirax-Sarco Engineering in a research note on Wednesday. JPMorgan Chase & Co. lifted their price target on Spirax-Sarco Engineering from GBX 7,800 to GBX 8,600 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, UBS Group reissued a “buy” rating and issued a £105 price objective on shares of Spirax-Sarco Engineering in a research report on Monday, May 11th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Spirax-Sarco Engineering currently has an average rating of “Hold” and a consensus price target of GBX 8,155.
View Our Latest Stock Analysis on SPX
Spirax-Sarco Engineering Trading Down 0.7%
Spirax-Sarco Engineering (LON:SPX – Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported GBX 150 earnings per share for the quarter. Spirax-Sarco Engineering had a net margin of 11.36% and a return on equity of 16.03%. Equities analysts predict that Spirax-Sarco Engineering will post 334.5410628 EPS for the current year.
About Spirax-Sarco Engineering
Spirax Group is positioned to play a critical role in enabling the industrial transition to net zero, aligned to our Purpose to create sustainable value for all our stakeholders as we engineer a more efficient, safer and sustainable world. We put solving customers’ problems at the heart of our total solutions approach. Our global thermal energy and fluid technology solutions improve operating efficiency and safety in our customers’ critical industrial processes. Our new-to-world decarbonisation* solutions will use our proprietary technologies to electrify boilers for the raising of steam, as well as the electrification of other critical industrial process heating applications.
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