FY2017 EPS Estimates for Spirax Sarco (SPXSF) Raised by Analyst

Spirax Sarco (OTCMKTS:SPXSF) – Investment analysts at Jefferies Group increased their FY2017 earnings estimates for shares of Spirax Sarco in a note issued to investors on Tuesday. Jefferies Group analyst A. Douglas now expects that the company will post earnings per share of $2.81 for the year, up from their previous forecast of $2.75.

Separately, Zacks Investment Research upgraded shares of Spirax Sarco from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research report on Tuesday, September 19th.

Spirax Sarco (OTCMKTS SPXSF) traded up $2.00 during mid-day trading on Friday, reaching $77.60. The company’s stock had a trading volume of 301 shares, compared to its average volume of 9. Spirax Sarco has a fifty-two week low of $53.25 and a fifty-two week high of $76.95.

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