Home » Reports » Spirax-Sarco Engineering plc 16.8% Potential Decrease Indicated by Goldman Sachs

Spirax-Sarco Engineering plc 16.8% Potential Decrease Indicated by Goldman Sachs

Spirax-Sarco Engineering plc using EPIC/TICKER code (LON:SPX) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘SELL’ today by analysts at Goldman Sachs. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 7400 GBX on its stock. This would imply the analyst believes there is a potential downside of -16.8% from the opening price of 8895 GBX. Over the last 30 and 90 trading days the company share price has decreased 40 points and increased 1295 points respectively. The 1 year high for the share price is 9445 GBX while the year low stock price is currently 6210 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 8,836.60 GBX and a 200 day moving average of 8,469.39. There are currently 73,666,646 shares in issue with the average daily volume traded being 193,159. Market capitalisation for LON:SPX is £6,618,948,143 GBP.

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