Spirax-Sarco Engineering plc (LON:SPX) insider Neil H. Daws sold 1,200 shares of Spirax-Sarco Engineering stock in a transaction dated Monday, November 27th. The stock was sold at an average price of GBX 5,860 ($78.87), for a total value of £70,320 ($94,643.34).
Shares of Spirax-Sarco Engineering plc (LON:SPX) opened at GBX 5,605 ($75.44) on Friday. Spirax-Sarco Engineering plc has a 12 month low of GBX 4,076 ($54.86) and a 12 month high of GBX 5,995 ($80.69).
A number of research analysts recently issued reports on the company. Numis Securities downgraded Spirax-Sarco Engineering to a “hold” rating and set a GBX 6,000 ($80.75) price target on the stock. in a report on Tuesday. J P Morgan Chase & Co reduced their price target on Spirax-Sarco Engineering from GBX 5,800 ($78.06) to GBX 5,700 ($76.72) and set a “neutral” rating on the stock in a report on Monday. Deutsche Bank restated a “buy” rating and set a GBX 6,530 ($87.89) price target on shares of Spirax-Sarco Engineering in a report on Monday. Barclays initiated coverage on Spirax-Sarco Engineering in a report on Friday, December 1st. They set an “equal weight” rating and a GBX 6,100 ($82.10) target price on the stock. Finally, reiterated a “hold” rating on shares of Spirax-Sarco Engineering in a report on Friday, September 29th. Eight investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 5,915.71 ($79.62).
ILLEGAL ACTIVITY WARNING: “Spirax-Sarco Engineering plc (LON:SPX) Insider Sells £70,320 in Stock” was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/08/spirax-sarco-engineering-plc-spx-insider-neil-h-daws-sells-1200-shares-of-stock.html.
Spirax-Sarco Engineering Company Profile
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. The Company’s segments include Europe, Middle East & Africa; Asia Pacific; Americas; Steam specialties business, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The Company’s businesses include Spirax Sarco and Watson-Marlow.
Receive News & Ratings for Spirax-Sarco Engineering plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirax-Sarco Engineering plc and related companies with MarketBeat.com's FREE daily email newsletter.