Spirax-Sarco Engineering plc 18.7% potential upside indicated by JP Morgan

Spirax-Sarco Engineering plc with ticker (LON:SPX) now has a potential upside of 18.7% according to JP Morgan.



JP Morgan set a target price of 13,200 GBX for the company, which when compared to the Spirax-Sarco Engineering plc share price of 10,735 GBX at opening today (12/05/2022) indicates a potential upside of 18.7%. Trading has ranged between 10,565 (52 week low) and 17,225 (52 week high) with an average of 160,720 shares exchanging hands daily. The market capitalisation at the time of writing is £7,870,836,468.

Spirax-Sarco Engineering PLC is a United Kingdom-based industrial engineering company, which focuses on thermal energy management . The Company is focused on three specialist engineering businesses, including steam specialties, electric thermal solutions and Watson-Marlow. Its steam specialty companies include Spirax Sarco and Gestra use natural technology to control and manage steam. Its electric thermal solutions companies include Chromalox and Thermocoax. Watson-Marlow provides customers with peristaltic pumps and associated fluid path technologies. The Company serves industries, including pharmaceutical & biotechnology, food & beverage, original equipment manufacturer (OEM), oil & gas, chemical, power generation, healthcare, buildings, mining & precious metal processing, water & waste water, pulp and paper.