# Spirax Group PLC 24.5% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/spirax-group-plc-24-5-potential-upside-indicated-by-berenberg-bank/4121176223
- Published: 2024-11-04T14:57:09+00:00
- Author: Charlotte Edwards

**Spirax Group PLC** with ticker (LON:SPX) now has a potential upside of 24.5% according
to Berenberg Bank.
SPX.LBerenberg Bank set a target price of 8,150 GBX for the company,
which when compared to the Spirax Group PLC share price of 6,545 GBX at opening 
today (04/11/2024) indicates a potential upside of 24.5%. Trading has ranged between
6,420 (52 week low) and 11,280 (52 week high) with an average of 160,823 shares 
exchanging hands daily. The market capitalisation at the time of writing is £4,847,363,370.
Spirax Group plc, formerly Spirax-Sarco Engineering plc, is a thermal energy management
and fluid technology solutions company. The Company’s business includes Steam Thermal
Solutions, Electric Thermal Solutions and Watson-Marlow Fluid Technology Solutions.
The Steam Thermal Solutions includes industrial and commercial steam systems, including
condensate management, control and thermal energy management products and solutions.
Electric Thermal Solutions includes electrical process heating and temperature management
solutions, including industrial heaters and systems, heat tracing and a range of
component technologies. Its Watson-Marlow Fluid Technology Solutions includes peristaltic
and niche pumps and associated fluid path technologies, including pumps, tubing,
specialty filling systems and products for single-use applications. It serves various
industries, such as pharmaceutical and biotechnology, food and beverage, oil and
gas, chemicals, power generation, healthcare, and others.

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