Home » Reports » Broker Ratings » Spirax-Sarco Engineering plc 3.2% Potential Decrease Indicated by Deutsche Bank

Spirax-Sarco Engineering plc 3.2% Potential Decrease Indicated by Deutsche Bank

Spirax-Sarco Engineering plc using EPIC/TICKER code (LON:SPX) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ 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 6570 GBX on its stock. This would imply the analyst believes there is a potential downside of -3.2% from today’s opening price of 6785 GBX. Over the last 30 and 90 trading days the company share price has increased 300 points and increased 440 points respectively. The 1 year high share price is 8410 GBX while the 52 week low for the stock is 5480 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 6,409.47 GBX and a 200 day moving average of 6,626.26. There are currently 73,612,195 shares in issue with the average daily volume traded being 142,345. Market capitalisation for LON:SPX is £4,946,739,504 GBP.