Spirax-Sarco Engineering plc 18.5% Potential Decrease Indicated by Jefferies International

Broker Ratings
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Spirax-Sarco Engineering plc using EPIC/TICKER code (LON:SPX) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Jefferies International. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. Jefferies International have set a target price of 7535 GBX on its stock. This would imply the analyst believes there is a potential downside of -18.5% from the opening price of 9242 GBX. Over the last 30 and 90 trading days the company share price has increased 892 points and decreased 58 points respectively. The 1 year high for the share price is 9694 GBX while the 52 week low is 7220 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 8,686.57 GBX and a 200 day moving average of 8,573.48. There are currently 73,666,646 shares in issue with the average daily volume traded being 198,724. Market capitalisation for LON:SPX is £6,797,958,092 GBP.

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