Spectris plc Rating Reiterated by JPMorgan Chase & Co. (SXS)
Spectris plc (LON:SXS)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Thursday. They currently have a GBX 2,500 ($41.91) price target on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 8.27% from the stock’s previous close.
Spectris plc (LON:SXS) traded up 0.86% during mid-day trading on Thursday, hitting GBX 2340.00. The stock had a trading volume of 151,009 shares. Spectris plc has a 52-week low of GBX 1831.00 and a 52-week high of GBX 2572.00. The stock’s 50-day moving average is GBX 2265. and its 200-day moving average is GBX 2346.. The company’s market cap is £2.777 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of Spectris plc in a research note on Wednesday. They now have a GBX 2,775 ($46.52) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Spectris plc in a research note on Wednesday. They now have a GBX 2,300 ($38.56) price target on the stock. Finally, analysts at Credit Suisse upgraded shares of Spectris plc to an “outperform” rating in a research note on Friday, May 30th. They now have a GBX 125 ($2.10) price target on the stock, up previously from GBX 100 ($1.68). One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 2,443.08 ($40.96).
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.