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Spirax-Sarco Engineering plc 2.7% Potential Decrease Indicated by Deutsche Bank

Spirax-Sarco Engineering plc with EPIC/TICKER (LON:SPX) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 8540 GBX on its stock. This would imply the analyst believes there is a potential downside of -2.7% from today’s opening price of 8780 GBX. Over the last 30 and 90 trading days the company share price has increased 255 points and increased 1650 points respectively. The 1 year high stock price is 8940 GBX while the 52 week low for the share price is 5875 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 8,370.98 GBX and a 200 day moving average of 7,084.84. There are currently 73,612,195 shares in issue with the average daily volume traded being 581,559. Market capitalisation for LON:SPX is £6,393,219,135 GBP.