Zacks Investment Research Upgrades Spirax-Sarco Engineering (SPXSF) to “Hold”

Zacks Investment Research upgraded shares of Spirax-Sarco Engineering (OTCMKTS:SPXSF) from a sell rating to a hold rating in a research note issued to investors on Saturday, reports.

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. “

SPXSF stock opened at $102.75 on Friday. Spirax-Sarco Engineering has a 52 week low of $74.80 and a 52 week high of $106.68.

About Spirax-Sarco Engineering

Spirax-Sarco Engineering plc provides engineered solutions for users of industrial and commercial steam systems, electrical heating and temperature management systems, and process fluid paths and pumping 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 thermal energy management products comprising metering products, boiler house products, heat transfer packages, and energy services.

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