Spirax-Sarco Engineering (SPX.L) 27-02-20
Will Spirax-Sarco Engineering (SPX.L) shares break below the 8840p support, or return to highs of 9415p (+6%)?
- Currently close to the 8840p support at 8815p (at time of writing).
- This has been identified for ostensibly strong support level. Traders should consider whether they think it will hold up again.
- Will the price bounce again to recent highs at 9415p? (+6%).
- Technical traders should consider potential news and developments. Check our website and the press for updates in future.
- Shares -6% from 12-month highs; +32% from 12 month lows.
Latest News
19 Feb: Peel Hunt reiterates its add rating on Spirax-Sarco Engineering (SPX) and increased the target price to 10000p (from 8450p).
14 Feb: Jefferies International reiterates its hold rating on Spirax-Sarco Engineering (SPX) and increased the target price to 8710p (from 7855p).
13 Feb: UBS reiterates its neutral rating on Spirax-Sarco Engineering (SPX) and increased the target price to 9200p (from 8370p).
20 Jan: Barclays Capital today initiates coverage of Spirax-Sarco Engineering (SPX) with a equal weight rating and target price of 8300p.
10 Dec: Shore Capital today initiates coverage of Spirax-Sarco Engineering (SPX) with a buy rating and target price of 10400p.
28 Nov: Exane BNP Paribas reiterates its underperform rating on Spirax-Sarco Engineering (SPX) and increased the target price to 7250p (from 6750p).
28 Nov: Exane BNP Paribas reiterates its underperform rating on Spirax-Sarco Engineering (SPX) and increased the target price to 7250p (from 5700p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires