Spirax-sarco Engineering Share Discussion Threads

[philanderer] 19/2/2020 09:13

19th feb Peel Hunt add tp 10000p up from 8450p

[philanderer] 14/2/2020 09:53

+++ JEFFERIES RAISES SPIRAX-SARCO PRICE TARGET TO 8710 (7855) PENCE - 'HOLD' +++

[philanderer] 13/2/2020 10:35

13th feb UBS neutral tp 9200p up from 8370p

[philanderer] 05/2/2020 15:02

9400p is the one to break.

[philanderer] 20/1/2020 10:34

++ BARCLAYS INITIATES SPIRAX-SARCO WITH 'EQUAL WEIGHT' - TARGET 8300 PENCE ++

[philanderer] 13/1/2020 09:56

++ GOLDMAN RAISES SPIRAX-SARCO ENGINEERING PRICE TARGET TO 7400 (7200) PENCE - 'SELL' ++

[philanderer] 10/12/2019 09:50

Shore Cap initiates coverage with 'buy' and £104 target price

[philanderer] 07/11/2019 21:23

I thought it was november 13th for a trading update ?



....Spirax Sarco will be in the spotlight at the end of the week, as the steam and electrical process heating solutions specialist posts its third quarter earnings.

Going into the results, UBS analyst Guillermo Peigneux had penciled-in a slowdown in organic growth in its Steam Specialities unit from the rate in the high single digits observed over the first half to low single digits for the backhalf, due to declining levels of global industrial production and US-China trade tensions.

Its Watson-Marlow business on the other hand was expected to register high single digit growth and the Chromalox unit mid single digit growth.

Group margins on the other hand were expected to be similar to 2018's, despite the higher margin Hygromatik business and the boost to the company's profits in Argentina last year.

[philanderer] 28/10/2019 13:36

Zacks Investment Research upgraded shares of Spirax-Sarco Engineering (OTCMKTS:SPXSF) from a sell rating to a hold rating in a report published on Friday

[philanderer] 22/10/2019 10:04

JPMORGAN CUTS SPIRAX-SARCO PRICE TARGET TO 7700 (8400) PENCE - 'NEUTRAL'

[philanderer] 10/10/2019 17:40

10th oct BOA Merrill buy tp 9500p cut from 10500p

[philanderer] 09/10/2019 16:37

xd tomorrow morning for the 32p interim dividend

[philanderer] 10/9/2019 10:10

That's a kick in the b*ll*x this morning.

[philanderer] 19/8/2019 09:38

19th aug UBS 'neutral' tp 8370p cut from 9000p

[adrunkenmarcus] 15/8/2019 20:04

Honestly, these guys change their target prices substantially and often for little good reason. I've held SPX since 2015 and it's still up 2.5 times or so rather than 3 times. I intend to hold for as long as the business's superior operating performance continues.

What interests me is not the share price but the underlying business's generation of free cash flow; strong returns on capital employed; and maintained or expanded operating margins over the long term.

[philanderer] 15/8/2019 18:00

15th aug Berenberg 'buy' tp 9680p cut from 10510p

[philanderer] 13/8/2019 09:16

Yep, the whole portfolio getting a good kicking lately.

Almost half of my 2019 gains up in smoke

[arja] 13/8/2019 08:57

awful looking chart but so many shares are similar as dow falls further .

[philanderer] 12/8/2019 09:56

Goldmans still puting the boot in..

12th aug Goldmans sell tp 7200p cut from 7500p

[philanderer] 09/8/2019 12:39

Wife of the Chair also buying yesterday.

1250 shares @ 8090p = £101,125

[philanderer] 08/8/2019 17:52

Non-exec buying 2,500 @ £81 today = £202,500


(Kevin Thompson was Group Finance Director of Halma plc from 1998 to 2018. )

[philanderer] 08/8/2019 12:40

8th aug JP Morgan Caz 'neutral' tp 8400p up from 7700p