Spirax-Sarco Engineering (SPX.L) 06-04-20
Will Spirax-Sarco Engineering (SPX.L) break below the 7775p support, or bounce to highs at 9400p (+22%)?
- Currently trading around the 7775p support at 7688p (at time of writing).
- Will the shares rally to recent highs of 9400p? (+22%).
- Shares -18% from 12-month highs; +4% from 12 month lows.
Latest News
02 Apr: Spirax-Sarco said that Nimesh Patel will join the company as CFO and executive director.
30 Mar: Shore Capital has downgraded its rating on Spirax-Sarco Engineering (SPX) to sell (from buy).
26 Mar: Berenberg has downgraded its rating on Spirax-Sarco Engineering (SPX) to hold (from buy) and reduced the target price to 8900p (from 9680p).
25 Mar: JP Morgan Cazenove reiterates its neutral rating on Spirax-Sarco Engineering (SPX) and reduced the target price to 6900p (from 7700p).
20 Mar: Goldman Sachs reiterates its sell rating on Spirax-Sarco Engineering (SPX) and reduced the target price to 7200p (from 7400p).
19 Mar: UBS reiterates its neutral rating on Spirax-Sarco Engineering (SPX) and reduced the target price to 8900p (from 9200p).
12 Mar: Jamie Pike, Chairman, bought 1,300 shares within the firm on the 12th March 2020 at a price of 7690p. This Director currently has 9,946 shares.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires