SPX Technologies, Inc. (NYSE:SPXC – Get Free Report) has been given a consensus rating of “Moderate Buy” by the five research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $174.75.
SPXC has been the subject of a number of recent research reports. Oppenheimer upgraded shares of SPX Technologies from a “market perform” rating to an “outperform” rating and set a $165.00 price target for the company in a research note on Wednesday, February 26th. Wolfe Research began coverage on shares of SPX Technologies in a research note on Monday, November 25th. They set an “outperform” rating and a $199.00 price target for the company. Sidoti raised shares of SPX Technologies from a “neutral” rating to a “buy” rating in a report on Wednesday, February 26th. Finally, UBS Group cut their price objective on shares of SPX Technologies from $164.00 to $160.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th.
Check Out Our Latest Research Report on SPXC
Hedge Funds Weigh In On SPX Technologies
SPX Technologies Stock Performance
Shares of SPXC stock opened at $134.44 on Friday. The firm has a market capitalization of $6.24 billion, a PE ratio of 36.14, a price-to-earnings-growth ratio of 1.33 and a beta of 1.26. The firm has a fifty day simple moving average of $145.06 and a two-hundred day simple moving average of $154.15. The company has a current ratio of 1.85, a quick ratio of 1.19 and a debt-to-equity ratio of 0.49. SPX Technologies has a 12 month low of $116.05 and a 12 month high of $183.83.
About SPX Technologies
SPX Technologies, Inc supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets.
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