SPIRAX-SARCO ENG (NASDAQ:SPXSF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released 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. “

Shares of SPIRAX-SARCO ENG (NASDAQ:SPXSF) opened at 74.00 on Friday. The company’s 50-day moving average is $73.23 and its 200-day moving average is $66.16. The firm has a market cap of $5.44 billion and a PE ratio of 32.51. SPIRAX-SARCO ENG has a 52 week low of $50.98 and a 52 week high of $74.00.

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