Spirax-Sarco Engineering Plc With the ticker (London: SPX) now having a potential upside of 14.2% according to JP Morgan.
JP Morgan has set a target price of GBX 12,400 for the company, compared with Spirax-Sarco Engineering plc share price of GBX 10,645 at today’s (23/12/2022) opening, indicating a potential upside of 14.2%. indicates growth. Trading has ranged between 9,008 (52-week low) and 16,390 (52-week high), with an average daily exchange of 141,255 shares. The market capitalization at the time of writing is £7,872,823,720.
Spirax-Sarco Engineering plc is an industrial engineering company. It is engaged in the control and management of steam, electric thermal solutions, peristaltic pumping and related fluid path technologies. Its segments include Steam Specialties, Electric Thermal Solutions, and Watson-Marlow. Its segments provide engineered products, services and solutions. Its offering to customers includes products and packages for condensate management, heat control and thermal energy management, including site surveys, energy audits and training. Its steam specialty segment includes the Spirax Sarco and Gestra brands. It has developed first-fit and retrofit heating solutions as well as thermal energy storage applications. It offers a range of electrical process heating and temperature management solutions, heat tracing and component technologies through the Chromalox and Thermocoax brands. The Watson-Marlow segment manufactures peristaltic and niche pumps and associated fluid path technologies.