Spectris plc’s “Neutral” Rating Reaffirmed at JPMorgan Chase & Co. (SXS)
Spectris plc (LON:SXS)‘s stock had its “neutral” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Wednesday. They currently have a GBX 2,500 ($42.44) target price on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 8.37% from the company’s current price.
Spectris plc (LON:SXS) opened at 2331.00 on Wednesday. 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 2345.38. The company’s market cap is £2.766 billion.
SXS has been the subject of a number of other recent research reports. 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 ($39.04) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Spectris plc in a research note on Monday. They now have a GBX 2,560 ($43.46) price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of Spectris plc in a research note on Friday, June 13th. They set an “overweight” rating and a GBX 2,680 ($45.49) price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Spectris plc has a consensus rating of “Buy” and an average price target of GBX 2,453.86 ($41.65).
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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