Zacks Investment Research upgraded shares of SPIRAX-SARCO ENG (NASDAQ:SPXSF) from a hold rating to a buy rating in a research note published on Tuesday. They currently have $86.00 price target on the stock.

According to Zacks, “Spirax-Sarco Engineering plc is a multi-national engineering group. The company’s business segment consists of Spirax Sarco for steam specialties and Watson-Marlow for niche peristaltic pumps and associated fluid path technologies. Spirax-Sarco Engineering plc is headquartered in Cheltenham, the United Kingdom. “

Shares of SPIRAX-SARCO ENG (SPXSF) remained flat at $75.85 during trading on Tuesday. The firm’s 50 day moving average price is $73.86 and its 200 day moving average price is $67.43. SPIRAX-SARCO ENG has a 52-week low of $50.98 and a 52-week high of $76.95. The firm has a market capitalization of $5.57 billion and a PE ratio of 33.18.

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