Home » Reports » Broker Ratings » Spirax-Sarco Engineering plc 16.4% Potential Decrease Indicated by JP Morgan Cazenove

Spirax-Sarco Engineering plc 16.4% Potential Decrease Indicated by JP Morgan Cazenove

Spirax-Sarco Engineering plc with EPIC/TICKER (LON:SPX) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 7700 GBX on its stock. This now indicates the analyst believes there is a potential downside of -16.4% from the opening price of 9215 GBX. Over the last 30 and 90 trading days the company share price has increased 740 points and increased 1705 points respectively. The 52 week high for the stock is 9445 GBX while the 52 week low is 5875 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 8,701.25 GBX and the 200 Day Moving Average price is recorded at 7,234.25. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 549,648. Market capitalisation for LON:SPX is £6,731,835,232 GBP.