# Spirax-Sarco Engineering plc 33.7% potential upside indicated by JP Morgan

- Link: https://www.directorstalkinterviews.com/spirax-sarco-engineering-plc-33.7-potential-upside-indicated-by-jp-morgan/4121130382
- Published: 2023-10-20T14:54:17+01:00
- Author: Charlotte Edwards

**Spirax-Sarco Engineering plc** with ticker (LON:SPX) now has a potential upside
of 33.7% according to [JP Morgan](https://www.directorstalkinterviews.com/company/news/funds).

JP Morgan set a target price of 11,100 GBX for the company, which when compared 
to the Spirax-Sarco Engineering plc share price of 8,300 GBX at opening today (20/
10/2023) indicates a potential upside of 33.7%. Trading has ranged between 8,176(
52 week low) and 14,042 (52 week high) with an average of 192,345 shares exchanging
hands daily. The market capitalisation at the time of writing is £6,048,160,579.
Spirax-Sarco Engineering plc is an industrial engineering company. The Company operates
through three segments: Steam Specialties, Electric Thermal Solutions, and Watson-
Marlow. The Steam Specialties segment includes Industrial and commercial steam systems,
including condensate management, control and thermal energy management products 
and solutions. The Electric Thermal Solutions segment includes electrical process
heating and temperature management solutions, including industrial heaters and systems,
heat tracing and a range of component technologies. The Watson-Marlow segment includes
peristaltic and niche pumps and associated fluid path technologies, including pumps,
tubing, specialty filling systems and products for single-use applications. The 
Company serves various industries, such as pharmaceutical and biotechnology, food
and beverage, oil and gas, chemicals, power generation, healthcare, water and wastewater,
buildings, semiconductors, and transport.

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