Spectris plc Receives Hold Rating from Nplus1 Brewin (SXS)
Spectris plc (LON:SXS)‘s stock had its “hold” rating restated by investment analysts at Nplus1 Brewin in a note issued to investors on Friday, Analyst RN reports. They currently have a GBX 2,300 ($38.63) price target on the stock. Nplus1 Brewin’s price objective would indicate a potential upside of 2.77% from the company’s current price.
Shares of Spectris plc (LON:SXS) opened at 2238.00 on Friday. Spectris plc has a 52 week low of GBX 1831.00 and a 52 week high of GBX 2572.00. The stock has a 50-day moving average of GBX 2299.11 and a 200-day moving average of GBX 2349.83. The company’s market cap is £2.656 billion.
Several other analysts have also recently commented on the stock. Analysts at N+1 Singer reiterated a “hold” rating on shares of Spectris plc in a research note on Friday. They now have a GBX 2,300 ($38.63) price target on the stock. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 2,599.64 ($43.66).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.