Zacks Investment Research upgraded shares of SPIRAX-SARCO ENG (OTCMKTS:SPXSF) from a hold rating to a buy rating in a report released on Tuesday. They currently have $88.00 price objective 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 (OTCMKTS:SPXSF) opened at $78.95 on Tuesday. SPIRAX-SARCO ENG has a 52 week low of $55.85 and a 52 week high of $81.50.

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Spirax-Sarco Engineering plc provides engineered solutions for the design, maintenance, and provision of industrial and commercial steam systems. 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.

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