Spirax-Sarco Engineering plc -4.6% potential downside indicated by Barclays

Spirax-Sarco Engineering plc with ticker (LON:SPX) now has a potential downside of -4.6% according to Barclays.



Barclays set a target price of 15,050 GBX for the company, which when compared to the Spirax-Sarco Engineering plc share price of 15,735 GBX at opening today (02/12/2021) indicates a potential downside of -4.6%. Trading has ranged between 10,520 (52 week low) and 17,225 (52 week high) with an average of 98,759 shares exchanging hands daily. The market capitalisation at the time of writing is £11,512,951,208.

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; Chromalox, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The Company’s businesses include Spirax Sarco and Watson-Marlow. Spirax Sarco supplies engineered solutions for the design, maintenance and provision of industrial and commercial steam systems. The Spirax Sarco steam specialties business also offers new steam systems, steam system audits, engineered solutions, training, and maintenance, repair and operations. Watson-Marlow designs and manufactures peristaltic pumps and associated fluid path technologies.