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

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 75.60 on Wednesday. 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 of $75.24 and a 200-day moving average of $70.66. The company has a market cap of $5.56 billion and a price-to-earnings ratio of 32.39.

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