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The latest announcement is out from Spirax Group ( (GB:SPX) ).
Spirax Group PLC has applied to the London Stock Exchange for a block listing of 200,000 new ordinary shares to be admitted to trading on the Main Market, with admission expected to become effective on 18 December 2025. The shares will be issued periodically to the company’s Employee Benefit Trust to satisfy awards under the Spirax Group Performance Share Plan and Employee Share Ownership Plan, and will rank pari passu with existing ordinary shares, underscoring the Group’s ongoing use of equity-based incentives to align employees with shareholder interests and support long-term value creation.
The most recent analyst rating on (GB:SPX) stock is a Buy with a £7645.00 price target. To see the full list of analyst forecasts on Spirax Group stock, see the GB:SPX Stock Forecast page.
Spark’s Take on GB:SPX Stock
According to Spark, TipRanks’ AI Analyst, GB:SPX is a Outperform.
Spirax Sarco Engineering’s strong financial performance and positive earnings call sentiment are the most significant factors contributing to its score. Technical analysis indicates a neutral trend, while valuation suggests the stock may be overvalued. The company’s strategic initiatives and restructuring efforts provide a positive outlook despite some regional challenges.
To see Spark’s full report on GB:SPX stock, click here.
More about Spirax Group
Spirax Group PLC is a UK-headquartered industrial technology company specialising in thermal energy and fluid technology solutions that support the transition to net zero. Through its three businesses—Steam Thermal Solutions, Electric Thermal Solutions and Watson-Marlow Fluid Technology Solutions—the Group provides steam and process heating control, industrial electrification and decarbonisation technologies, as well as critical fluid management systems used in sectors ranging from food production and healthcare to aviation, semiconductors and biopharmaceuticals. Listed on the London Stock Exchange and a constituent of the FTSE 100 and FTSE4Good indexes, Spirax operates over 30 manufacturing plants, employs around 10,000 people in nearly 70 countries and serves more than 100,000 customers worldwide.
Average Trading Volume: 180,769
Technical Sentiment Signal: Sell
Current Market Cap: £4.9B
For a thorough assessment of SPX stock, go to TipRanks’ Stock Analysis page.