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Spirax-Sarco Engineering plc 4% Potential Upside Indicated by JP Morgan Cazenove

Spirax-Sarco Engineering plc with EPIC/TICKER (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 a target price of 8400 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.0% from the opening price of 8080 GBX. Over the last 30 and 90 trading days the company share price has decreased 805 points and decreased 50 points respectively. The 1 year high for the share price is 9445 GBX while the year low share price is currently 5875 GBX.

Spirax-Sarco Engineering plc has a 50 day moving average of 8,917.75 GBX and a 200 Day Moving Average share price is recorded at 7,519.03. There are currently 736,893,589 shares in issue with the average daily volume traded being 272,457. Market capitalisation for LON:SPX is £5,947,865,356 GBP.