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Spirax-Sarco Engineering plc 2.3% Potential Decrease Indicated by HSBC

Spirax-Sarco Engineering plc with EPIC/TICKER (LON:SPX) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at HSBC. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. HSBC have set their target price at 6800 GBX on its stock. This now indicates the analyst believes there is a potential downside of -2.3% from the opening price of 6960 GBX. Over the last 30 and 90 trading days the company share price has increased 260 points and increased 920 points respectively. The 52 week high share price is 8410 GBX while the year low stock price is currently 5500 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 6,570.71 GBX and a 200 day moving average of 6,667.24. There are currently 73,612,195 shares in issue with the average daily volume traded being 144,454. Market capitalisation for LON:SPX is £5,068,199,625 GBP.