SPIRAX-SARCO ENG (NASDAQ:SPXSF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

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 Friday. The firm has a market cap of $5.57 billion and a P/E ratio of 33.18. SPIRAX-SARCO ENG has a one year low of $50.98 and a one year high of $76.95. The stock has a 50 day moving average price of $73.66 and a 200-day moving average price of $66.96.

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