Peel Hunt Upgrades Spirax-Sarco Engineering (OTCMKTS:SPXSF) to “Hold”

Peel Hunt upgraded shares of Spirax-Sarco Engineering (OTCMKTS:SPXSF – Get Rating) to a hold rating in a report issued on Monday morning, The Fly reports.

Several other research firms also recently issued reports on SPXSF. JPMorgan Chase & Co. lifted their price target on Spirax-Sarco Engineering from £120 ($146.25) to £124 ($151.13) in a research note on Thursday, December 8th. Jefferies Financial Group lowered their target price on Spirax-Sarco Engineering from £114.60 ($139.67) to GBX 9,910 ($120.78) in a research report on Friday, December 2nd.

Spirax-Sarco Engineering Price Performance

SPXSF opened at $140.05 on Monday. The business’s 50-day moving average price is $140.69 and its two-hundred day moving average price is $131.32. Spirax-Sarco Engineering has a 1 year low of $109.35 and a 1 year high of $168.39.

Spirax-Sarco Engineering Company Profile

(Get Rating)

Spirax-Sarco Engineering Plc provides industrial and commercial steam systems, electrical thermal energy solutions and niche peristaltic pumps and associated fluid path technologies. It operates its business through the following segments: Steam Specialties, Electric Thermal Solutions and Watson-Marlow.