Zacks Investment Research upgraded shares of SPIRAX-SARCO ENG (NASDAQ:SPXSF) from a hold rating to a buy rating in a research note released on Tuesday. The firm currently has $82.00 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. “

SPIRAX-SARCO ENG (SPXSF) opened at 76.95 on Tuesday. SPIRAX-SARCO ENG has a 12 month low of $50.98 and a 12 month high of $74.00. The firm has a market cap of $5.66 billion and a P/E ratio of 33.81. The company’s 50-day moving average is $73.27 and its 200 day moving average is $66.50.

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