N+1 Singer Reiterates “Hold” Rating for Spectris plc (SXS)
Spectris plc (LON:SXS)‘s stock had its “hold” rating reiterated by N+1 Singer in a research note issued on Friday, American Banking News reports. They currently have a GBX 2,300 ($38.63) price objective on the stock. N+1 Singer’s price target suggests a potential upside of 2.77% from the company’s current price.
A number of other firms have also recently commented on SXS. Analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Spectris plc in a research note on Monday, April 14th. They now have a GBX 3,310 ($55.59) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Spectris plc in a research note on Thursday, March 20th. They now have a GBX 2,650 ($44.51) price target on the stock. Finally, analysts at Liberum Capital upgraded shares of Spectris plc to a “buy” rating in a research note on Thursday, March 20th. They now have a GBX 2,550 ($42.83) price target on the stock, up previously from GBX 2,150 ($36.11). One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Spectris plc currently has an average rating of “Buy” and a consensus price target of GBX 2,599.64 ($43.66).
Spectris plc (LON:SXS) opened at 2238.00 on Friday. Spectris plc has a one year low of GBX 1831.00 and a one year high of GBX 2572.00. The stock’s 50-day moving average is GBX 2299.11 and its 200-day moving average is GBX 2349.83. The company’s market cap is £2.656 billion.
Spectris plc designs, develops and markets instrumentation and controls. It operates in four segments: Materials Analysis provides products that enable customers to assess structure, composition, quantity and quality of particles and materials, during their research and development (LON:SXS) process; Test and Measurement supplies test, measurement and analysis equipment and software for product design optimization, manufacturing control and environmental monitoring systems; In-line Instrumentation provides process analytical measurement, asset monitoring and on-line controls for both primary processing and the converting industries, and Industrial Controls provides products and solutions that monitor, control, inform, track and trace during the production process.
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