Free Trial

Spirax-Sarco Engineering (SPX) Stock Forecast & Price Target

GBX 8,950
+245.00 (+2.81%)
(As of 07/12/2024 ET)

Spirax-Sarco Engineering - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

£101.10
High Forecast£111
Average Forecast£101.10
Low ForecastGBX 9,580
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Hold
Hold
Hold
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
0 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target£101.10£101.50£101.50£117.17
Get Spirax-Sarco Engineering Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for SPX and its competitors with MarketBeat's FREE daily newsletter.

SPX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

SPX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Spirax-Sarco Engineering Stock vs. The Competition

TypeSpirax-Sarco EngineeringIndustrials Companies
Consensus Rating Score
2.00
2.59
Consensus RatingHoldModerate Buy
News Sentiment RatingNegative News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/12/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHoldGBX 9,690 ➝ GBX 9,580+7.04%
5/15/2024Shore Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSell
4/11/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy
4/9/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight£105.80 ➝ GBX 9,960+3.53%
3/8/2024Berenberg Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHoldGBX 8,800 ➝ GBX 9,800-6.13%
3/7/2024Numis Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSell
10/10/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight£115 ➝ £111+24.05%
8/16/2022Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingUnderperform£105-7.08%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:40 PM ET.

SPX Forecast - Frequently Asked Questions

What is Spirax-Sarco Engineering's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Spirax-Sarco Engineering is £101.10, with a high forecast of £111 and a low forecast of GBX 9,580.

Should I buy or sell Spirax-Sarco Engineering stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirax-Sarco Engineering in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPX, but not buy additional shares or sell existing shares.

Does Spirax-Sarco Engineering's stock price have much upside?

According to analysts, Spirax-Sarco Engineering's stock has a predicted upside of 6.54% based on their 12-month stock forecasts.

What analysts cover Spirax-Sarco Engineering?

Spirax-Sarco Engineering has been rated by research analysts at Jefferies Financial Group, and Shore Capital in the past 90 days.

Do Wall Street analysts like Spirax-Sarco Engineering more than its competitors?

Analysts like Spirax-Sarco Engineering less than other "industrials" companies. The consensus rating for Spirax-Sarco Engineering is Hold while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how SPX compares to other companies.


This page (LON:SPX) was last updated on 7/13/2024 by MarketBeat.com Staff

From Our Partners