Morgan Stanley Reiterates Spirax-Sarco Engineering PLC (LON:SPX) As Overweight; Has Price Objective Of GBX 6600.00; Aldebaran Financial Has Lifted Albemarle (ALB) Holding

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Equity research analysts at Morgan Stanley have GBX 6600.00 target price per share on Spirax-Sarco Engineering PLC (LON:SPX). Morgan Stanley’s target price per share would indicate a potential upside of 17.75% from the company’s last stock price. The rating was revealed to clients and investors in analysts note on Wednesday, 4 April.

Aldebaran Financial Inc increased Albemarle Corp (ALB) stake by 14.32% reported in 2017Q4 SEC filing. Aldebaran Financial Inc acquired 2,886 shares as Albemarle Corp (ALB)’s stock declined 27.74%. The Aldebaran Financial Inc holds 23,039 shares with $2.95M value, up from 20,153 last quarter. Albemarle Corp now has $10.00 billion valuation. The stock increased 1.64% or $1.46 during the last trading session, reaching $90.42. About 1.88 million shares traded. Albemarle Corporation (NYSE:ALB) has declined 10.68% since April 4, 2017 and is downtrending. It has underperformed by 22.23% the S&P500.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.12, from 1.13 in 2017Q3. It worsened, as 42 investors sold ALB shares while 182 reduced holdings. 82 funds opened positions while 144 raised stakes. 92.86 million shares or 2.44% less from 95.18 million shares in 2017Q3 were reported. Moreover, Banque Pictet Cie Sa has 0.1% invested in Albemarle Corporation (NYSE:ALB) for 39,716 shares. Fil owns 9,600 shares. Korea Corporation invested in 107,244 shares or 0.06% of the stock. Williams Jones & Assoc Ltd Liability has 0.4% invested in Albemarle Corporation (NYSE:ALB) for 136,520 shares. Grimes And Incorporated holds 44,575 shares or 0.55% of its portfolio. Westwood Hldg Gru reported 564,572 shares stake. Hightower Advsr Lc holds 4,467 shares or 0% of its portfolio. Wellington Shields Capital Management Ltd reported 9,155 shares or 0.18% of all its holdings. Raymond James And holds 91,429 shares or 0.02% of its portfolio. Utd Cap Fincl Advisers Ltd Liability Com has invested 0.01% of its portfolio in Albemarle Corporation (NYSE:ALB). Silvercrest Asset Mngmt Grp Ltd Llc owns 3,505 shares for 0% of their portfolio. Commerzbank Aktiengesellschaft Fi holds 131,718 shares. 133 are held by Meeder Asset Mngmt. Arizona State Retirement invested in 55,791 shares or 0.07% of the stock. State Of Alaska Department Of Revenue reported 16,942 shares.

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 74 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, August 9 by Suntrust Robinson. Jefferies maintained it with “Buy” rating and $144.0 target in Monday, August 21 report. Jefferies maintained Albemarle Corporation (NYSE:ALB) on Friday, June 16 with “Buy” rating. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by RBC Capital Markets on Wednesday, April 19. The firm has “Hold” rating given on Wednesday, August 9 by SunTrust. As per Wednesday, September 16, the company rating was maintained by Deutsche Bank. UBS maintained it with “Neutral” rating and $150 target in Thursday, November 9 report. KeyBanc Capital Markets maintained Albemarle Corporation (NYSE:ALB) on Thursday, March 1 with “Overweight” rating. The firm has “Buy” rating by Citigroup given on Monday, April 18. On Friday, August 7 the stock rating was upgraded by Suntrust Robinson to “Buy”.

Among 17 analysts covering Spirax-Sarco Engineering PLC (LON:SPX), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. Spirax-Sarco Engineering PLC has GBX 6580 highest and GBX 3 lowest target. GBX 5424.71’s average target is -3.22% below currents GBX 5605 stock price. Spirax-Sarco Engineering PLC had 140 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Hold” rating by Numis Securities given on Wednesday, November 18. JP Morgan maintained the stock with “Overweight” rating in Monday, November 7 report. JP Morgan maintained the stock with “Overweight” rating in Friday, December 4 report. The stock of Spirax-Sarco Engineering plc (LON:SPX) earned “Hold” rating by Jefferies on Friday, August 7. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with “Outperform”. The firm has “Outperform” rating by Credit Suisse given on Tuesday, October 6. The stock of Spirax-Sarco Engineering plc (LON:SPX) earned “Overweight” rating by JP Morgan on Wednesday, June 15. JP Morgan maintained the shares of SPX in report on Friday, March 16 with “Neutral” rating. The rating was maintained by JP Morgan on Wednesday, November 23 with “Overweight”. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, October 13.

Spirax-Sarco Engineering plc provides engineered solutions for the design, maintenance, and provision of industrial and commercial steam systems. The company has market cap of 4.12 billion GBP. It offers condensate management products, such as steam traps, condensate return pumps, and isolation valves; controls, including automatic control valves, pressure regulators, and temperature controls; and energy management products comprising metering products, boiler house products, heat transfer packages, and energy services. It has a 26.24 P/E ratio. The firm also designs, makes, and sells peristaltic pumps and associated fluid path technologies for biotechnology, food and beverage, chemical process, mining, and environmental sectors, including peristaltic tube pumps, precision tubing products, aseptic filling and capping systems, heavy-duty hose pumps, sinusoidal pumps, pump heads and panel-mount drives, single-use tubing connector systems, valves and magnetic mixers, sanitary gaskets, and silicone transfer tubing and reinforced silicone hoses, as well as PTFE-lined flexible hoses.

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