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Spirax-Sarco Engineering plc 2.3% Potential Upside Indicated by JP Morgan Cazenove

Spirax-Sarco Engineering plc using EPIC/TICKER code (LON:SPX) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today 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 indicates the analyst now believes there is a potential upside of 2.3% from the opening price of 7530 GBX. Over the last 30 and 90 trading days the company share price has decreased 475 points and decreased 1230 points respectively. The 52 week high for the stock is 9445 GBX while the year low share price is currently 5875 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 7,920.00 GBX and a 200 day moving average of 7,922.10. There are currently 73,612,195 shares in issue with the average daily volume traded being 223,455. Market capitalisation for LON:SPX is £5,506,192,186 GBP.