Home » Reports » Spirax-Sarco Engineering plc 20% Potential Decrease Indicated by JP Morgan Cazenove

Spirax-Sarco Engineering plc 20% Potential Decrease Indicated by JP Morgan Cazenove

Spirax-Sarco Engineering plc using EPIC/TICKER code (LON:SPX) has 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 their target price at 6900 GBX on its stock. This would indicate that the analyst believes there is a downside of -20.0% from the opening price of 8620 GBX. Over the last 30 and 90 trading days the company share price has decreased 460 points and decreased 650 points respectively. The 52 week high for the stock is 9535 GBX while the year low share price is currently 6950 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 9,021.27 GBX and the 200 Day Moving Average price is recorded at 8,629.72. There are currently 116,026,435 shares in issue with the average daily volume traded being 261,392. Market capitalisation for LON:SPX is £6,029,614,975 GBP.

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