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Spirax-Sarco Engineering plc 20.8% Potential Upside Indicated by Berenberg

Spirax-Sarco Engineering plc with EPIC/TICKER (LON:SPX) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Spirax-Sarco Engineering plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 10510 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 20.8% from today’s opening price of 8700 GBX. Over the last 30 and 90 trading days the company share price has increased 660 points and increased 1940 points respectively. The 52 week high for the stock is 8715 GBX while the year low stock price is currently 5875 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 7,690.00 GBX and a 200 Day Moving Average share price is recorded at 6,922.21. There are currently 73,612,195 shares in issue with the average daily volume traded being 287,612. Market capitalisation for LON:SPX is £6,415,302,794 GBP.