Spirax-Sarco Engineering plc 20.4% Potential Decrease Indicated by RBC Capital Markets

Broker Ratings
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Spirax-Sarco Engineering plc with EPIC/TICKER (LON:SPX) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at RBC Capital Markets. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. RBC Capital Markets have set a target price of 8000 GBX on its stock. This would indicate that the analyst believes there is a downside of -20.4% from today’s opening price of 10050 GBX. Over the last 30 and 90 trading days the company share price has increased 284 points and increased 1430 points respectively. The 52 week high share price is 10210 GBX while the 52 week low for the share price is 7220 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 9,486.89 GBX and a 200 Day Moving Average share price is recorded at 8,832.61. There are currently 73,666,646 shares in issue with the average daily volume traded being 165,897. Market capitalisation for LON:SPX is £7,356,351,269 GBP.

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