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Spirax-Sarco Engineering plc 24.5% Potential Upside Indicated by Berenberg

Spirax-Sarco Engineering plc with EPIC/TICKER (LON:SPX) had its stock rating noted as ‘Reiterates’ 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 a target price of 9680 GBX on its stock. This is indicating the analyst believes there is a potential upside of 24.5% from the opening price of 7775 GBX. Over the last 30 and 90 trading days the company share price has decreased 1070 points and decreased 940 points respectively. The 52 week high for the share price is currently at 9445 GBX while the year low stock price is currently 5875 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 8,872.95 GBX and a 200 day moving average of 7,555.97. There are currently 73,612,195 shares in issue with the average daily volume traded being 271,503. Market capitalisation for LON:SPX is £5,623,971,698 GBP.