SPIRAX-SARCO ENG (NASDAQ:SPXSF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Tuesday. The firm presently has a $82.00 price objective on the stock. Zacks Investment Research‘s price target would indicate a potential upside of 8.11% from the company’s current price.

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. “

SPIRAX-SARCO ENG (NASDAQ SPXSF) opened at 75.85 on Tuesday. SPIRAX-SARCO ENG has a 52 week low of $50.98 and a 52 week high of $76.95. The firm’s 50-day moving average price is $73.48 and its 200 day moving average price is $66.73. The firm has a market cap of $5.57 billion and a P/E ratio of 33.18.

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