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Spirax-Sarco Engineering plc 20.3% Potential Decrease Indicated by Exane BNP Paribas

Spirax-Sarco Engineering plc using EPIC/TICKER code (LON:SPX) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Exane BNP Paribas. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. Exane BNP Paribas have set their target price at 7250 GBX on its stock. This now indicates the analyst believes there is a potential downside of -20.3% from the opening price of 9100 GBX. Over the last 30 and 90 trading days the company share price has increased 1285 points and increased 1200 points respectively. The 1 year high share price is 9445 GBX while the 52 week low for the share price is 5875 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 8,040.93 GBX and a 200 day moving average of 8,156.89. There are currently 73,612,195 shares in issue with the average daily volume traded being 217,630. Market capitalisation for LON:SPX is £6,643,500,598 GBP.