Market's view on Spirax-Sarco
Published on April 2024
- Spirax-Sarco Engineering has been rated ‘sell’ by Shore Capital.
- UBS has upgraded Spirax-Sarco Engineering to ‘buy’ from ‘neutral’ and increased the price target, citing an attractive entry point.
- Spirax-Sarco Engineering has entered into an agreement to acquire Durex International Corporation, a US-based specialist in custom electric thermal solutions.
- There are discussions about the operational viability and economic sustainability concerning Spirax-Sarco Engineering’s loss-making facility in France.
- There are concerns over potential business impacts due to operations in Russia.
- Stock Watchers highlight Spirax-Sarco Engineering as a strong dividend growth investment, comparing it positively to other holdings.
- Some Stock Watchers express concerns over temporary market reactions to broader economic trends affecting stock prices.
- Stock Watchers have reacted to various trading updates and share price movements, discussing potential reasons behind these changes.
- Opinions on the financial health of Spirax-Sarco Engineering remain mixed, with some citing strong results and others concerned about short-term headwinds.