On May 15, 2025, B. Riley Securities announced a new coverage on SPX Technologies (SPXC, Financial), giving it a "Buy" rating. The analyst leading this coverage is Jeff Van Sinderen.
The initial price target set by B. Riley Securities for SPX Technologies (SPXC, Financial) is $195.00 USD. This announcement marks the firm's entry into providing coverage on SPXC, with no prior rating or price target adjustments being made.
Investors and stakeholders should note that this is the first coverage initiation by B. Riley Securities on SPX Technologies (SPXC, Financial), hence there are no previous price targets or ratings to compare against. The currency for the price target is USD, reflecting the current market standards for financial evaluations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for SPX Technologies Inc (SPXC, Financial) is $171.50 with a high estimate of $195.00 and a low estimate of $160.00. The average target implies an upside of 11.24% from the current price of $154.17. More detailed estimate data can be found on the SPX Technologies Inc (SPXC) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, SPX Technologies Inc's (SPXC, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SPX Technologies Inc (SPXC, Financial) in one year is $121.60, suggesting a downside of 21.13% from the current price of $154.17. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SPX Technologies Inc (SPXC) Summary page.
