Spectris plc Rating Reiterated by Barclays (SXS)
Spectris plc (LON:SXS)‘s stock had its “overweight” rating restated by Barclays in a research note issued on Monday, AnalystRatingsNetwork reports. They currently have a GBX 2,520 ($42.45) price target on the stock. Barclays’ price target would suggest a potential upside of 16.56% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Spectris plc in a research note on Wednesday, April 30th. They now have a GBX 2,690 ($45.31) price target on the stock. Separately, analysts at Investec cut their price target on shares of Spectris plc from GBX 2,900 ($48.85) to GBX 2,775 ($46.74) in a research note on Friday, April 25th. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Spectris plc in a research note on Friday, April 25th. They now have a GBX 2,500 ($42.11) price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Spectris plc presently has a consensus rating of “Buy” and a consensus target price of GBX 2,630.38 ($44.30).
Spectris plc (LON:SXS) opened at 2162.00 on Monday. 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 2277. and a 200-day moving average of GBX 2349.65. The company’s market cap is £2.566 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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