Spirax-Sarco Engineering PLC (LON:SPX) Shareholders Are Liking The News That Liberum Capital Has Reiterated Their Hold Rating on the Stock

May 18, 2018 - By Christine McCrea

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Spirax-Sarco Engineering PLC (LON:SPX) Rating Reaffirmed

Liberum Capital maintained their Hold rating on Spirax-Sarco Engineering PLC (LON:SPX) shards via a research report revealed to clients and investors on 18 May.

Spirax-Sarco Engineering plc (LON:SPX) Ratings Coverage

Among 11 analysts covering Spirax-Sarco Engineering PLC (LON:SPX), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Spirax-Sarco Engineering PLC has GBX 6600 highest and GBX 5070 lowest target. GBX 6167.27’s average target is 1.35% above currents GBX 6085 stock price. Spirax-Sarco Engineering PLC had 27 analyst reports since November 21, 2017 according to SRatingsIntel. Peel Hunt maintained Spirax-Sarco Engineering plc (LON:SPX) on Tuesday, May 15 with “Add” rating. The firm earned “Hold” rating on Tuesday, November 21 by Liberum Capital. RBC Capital Markets maintained the shares of SPX in report on Friday, March 16 with “Outperform” rating. HSBC maintained Spirax-Sarco Engineering plc (LON:SPX) on Wednesday, March 28 with “Hold” rating. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, April 11 report. The stock has “Hold” rating by Numis Securities on Wednesday, February 14. The stock of Spirax-Sarco Engineering plc (LON:SPX) has “Hold” rating given on Tuesday, December 5 by Numis Securities. Liberum Capital maintained Spirax-Sarco Engineering plc (LON:SPX) on Thursday, March 15 with “Hold” rating. The firm earned “Add” rating on Monday, April 9 by Peel Hunt. Morgan Stanley maintained Spirax-Sarco Engineering plc (LON:SPX) on Wednesday, April 4 with “Overweight” rating.

The stock increased 0.08% or GBX 5 during the last trading session, reaching GBX 6085. About 92,697 shares traded. Spirax-Sarco Engineering plc (LON:SPX) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Spirax-Sarco Engineering plc provides engineered solutions for the design, maintenance, and provision of industrial and commercial steam systems. The company has market cap of 4.48 billion GBP. It offers condensate management products, such as steam traps, condensate return pumps, and isolation valves; controls, including automatic control valves, pressure regulators, and temperature controls; and energy management products comprising metering products, boiler house products, heat transfer packages, and energy services. It has a 28.49 P/E ratio. The firm also designs, makes, and sells peristaltic pumps and associated fluid path technologies for biotechnology, food and beverage, chemical process, mining, and environmental sectors, including peristaltic tube pumps, precision tubing products, aseptic filling and capping systems, heavy-duty hose pumps, sinusoidal pumps, pump heads and panel-mount drives, single-use tubing connector systems, valves and magnetic mixers, sanitary gaskets, and silicone transfer tubing and reinforced silicone hoses, as well as PTFE-lined flexible hoses.

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