Spirax-Sarco Engineering plc (LON:SPX – Get Free Report) has been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 8,478 ($109.66).
A number of equities analysts recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Spirax-Sarco Engineering in a research report on Wednesday. JPMorgan Chase & Co. dropped their price objective on shares of Spirax-Sarco Engineering from GBX 7,800 ($100.89) to GBX 7,700 ($99.60) and set a “neutral” rating for the company in a research note on Wednesday. Finally, Shore Capital reissued a “sell” rating on shares of Spirax-Sarco Engineering in a research note on Tuesday, March 11th.
Check Out Our Latest Report on Spirax-Sarco Engineering
Spirax-Sarco Engineering Price Performance
Spirax-Sarco Engineering (LON:SPX – Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported GBX 286.30 ($3.70) EPS for the quarter. Spirax-Sarco Engineering had a net margin of 11.57% and a return on equity of 16.58%. As a group, sell-side analysts predict that Spirax-Sarco Engineering will post 334.5410628 earnings per share for the current year.
Spirax-Sarco Engineering Company Profile
Spirax-Sarco Engineering rebrands as Spirax Group
On 22 February 2024, Spirax-Sarco Engineering changed its name to Spirax Group which reflects the Company’s evolution over many years to a larger and stronger Group of three aligned Businesses with differentiated and complementary capabilities.
Our new name respects our history and where we have come from, with who we are today.
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