UBS Group Reiterates “Neutral” Rating for Spirax-Sarco Engineering (OTCMKTS:SPXSF)

Spirax-Sarco Engineering (OTCMKTS:SPXSF)‘s stock had its “neutral” rating reiterated by UBS Group in a research note issued on Thursday, The Fly reports.

Separately, Zacks Investment Research lowered Spirax-Sarco Engineering from a “buy” rating to a “hold” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. Spirax-Sarco Engineering currently has a consensus rating of “Hold” and a consensus price target of $183.00.

Shares of SPXSF opened at $170.99 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.25 and a quick ratio of 1.68. Spirax-Sarco Engineering has a 1 year low of $108.90 and a 1 year high of $171.04. The stock has a 50 day simple moving average of $164.61 and a two-hundred day simple moving average of $157.32. The firm has a market cap of $12.60 billion, a P/E ratio of 50.59 and a beta of 0.78.

About Spirax-Sarco Engineering

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes, heaters, and systems; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications.

Recommended Story: Do investors pay a separate front-end load every time they buy additional shares?

The Fly

Analyst Recommendations for Spirax-Sarco Engineering (OTCMKTS:SPXSF)

Receive News & Ratings for Spirax-Sarco Engineering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirax-Sarco Engineering and related companies with MarketBeat.com's FREE daily email newsletter.