SPX Corp (NYSE: SPW)‘s stock had its “neutral” rating reaffirmed by analysts at Nomura (NYSE: NMR) in a research report issued to clients and investors on Thursday.

Separately, analysts at Goldman Sachs (NYSE: GS) reiterated a “neutral” rating on shares of SPX Corp in a research note to investors on Wednesday. Analysts at Morgan Stanley (NYSE: MS) initiated coverage on shares of SPX Corp in a research note to investors on Thursday, January 5th. they set an “overweight” rating and a $75.00 price target on the stock. Also, analysts at Credit Suisse (NYSE: CS) raised their EPS on shares of SPX Corp in a research note to investors on Thursday, December 29th. they now have an “outperform” rating and a $81.00 price target on the stock.

SPX Corporation is a global multi-industry manufacturer of specialized engineered solutions. The majority of its revenues, approximately 55% during the year ended December 31, 2009, are driven by global infrastructure development. Its infrastructure-related products and services include wet and dry cooling systems, thermal service and repair work, heat exchangers and power transformers into the global power market. The Company also provides pumps, metering systems and valves for the global oil and gas, chemical and petrochemical exploration, refinement and distribution markets. The Company’s other two markets includes food and beverage and tools and diagnostics. In this area, the Company provides electronic diagnostic systems, specialty service tools, service equipment and technical information services with a primary focus on the global transportation market. The Company has four operating segments: Flow Technology, Test and Measurement, and Industrial Products and Services.

Shares of SPX Corp traded down 0.80% during mid-day trading on Thursday, hitting $65.44. SPX Corp has a 52 week low of $40.66 and a 52 week high of $87.13. The stock’s 50-day moving average is $61.11 and its 200-day moving average is $60.35. The company has a market cap of $3.339 billion and a price-to-earnings ratio of 18.35.

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Nomura (NMR) Analysts Reiterate a “Neutral” Rating on SPX Corp (SPW)