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

GBX 8,850
-186.00 (-2.06%)
(As of 04/25/2024 ET)

Spirax-Sarco Engineering Consensus Analyst Rating 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.

Analysts' Consensus Rating

Hold
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

£101.50
High Forecast£111
Average Forecast£101.50
Low ForecastGBX 9,740
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Hold
Reduce
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)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target£101.50£102.13GBX 9,950£120.68
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SPX Analyst Ratings 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.
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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.
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Spirax-Sarco Engineering Stock vs. The Competition

TypeSpirax-Sarco EngineeringIndustrials Companies
Consensus Rating Score
2.00
2.55
Consensus RatingHoldModerate Buy
News Sentiment RatingVery Positive News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/11/2024Bank of America
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 Reiterated RatingBuy
4/9/2024Barclays
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 Lower TargetEqual Weight£105.80 ➝ GBX 9,960+3.53%
3/8/2024Berenberg Bank
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 Boost TargetHoldGBX 8,800 ➝ GBX 9,800-6.13%
3/7/2024Numis Securities
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 Reiterated RatingSell
1/31/2024Jefferies Financial Group
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 UpgradeHoldGBX 9,740-2.65%
12/18/2023Shore Capital
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 Reiterated RatingSell
10/10/2023JPMorgan Chase & Co.
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 Lower TargetOverweight£115 ➝ £111+24.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:56 PM ET.

SPX Price Target - Frequently Asked Questions

What is Spirax-Sarco Engineering's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Spirax-Sarco Engineering stock is Hold based on the current 2 sell ratings, 3 hold ratings and 2 buy ratings for SPX. The average twelve-month price prediction for Spirax-Sarco Engineering is £101.50 with a high price target of £111 and a low price target of GBX 9,740. Learn more on SPX's analyst rating history.

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.

Is Spirax-Sarco Engineering being upgraded by Wall Street analysts?

Over the previous 90 days, Spirax-Sarco Engineering's stock had 1 upgrade by analysts.

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

According to analysts, Spirax-Sarco Engineering's stock has a predicted upside of 4.07% based on their 12-month stock forecasts.

What analysts cover Spirax-Sarco Engineering?

Spirax-Sarco Engineering has been rated by Bank of America, Barclays, Berenberg Bank, Jefferies Financial Group, and Numis Securities in the past 90 days.


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This page (LON:SPX) was last updated on 4/25/2024 by MarketBeat.com Staff

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