Share on StockTwits

Spectris plc (LON:SXS)‘s stock had its “outperform” rating restated by analysts at BNP Paribas in a research report issued to clients and investors on Wednesday. They currently have a GBX 2,650 ($45.45) target price on the stock. BNP Paribas’ target price points to a potential upside of 24.12% from the stock’s previous close.

Shares of Spectris plc (LON:SXS) traded down 1.52% during mid-day trading on Wednesday, hitting GBX 2135.00. 208,165 shares of the company’s stock traded hands. Spectris plc has a 52 week low of GBX 1896.9999 and a 52 week high of GBX 2572.00. The stock’s 50-day moving average is GBX 2272.81 and its 200-day moving average is GBX 2326.. The company’s market cap is £2.534 billion.

Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Spectris plc in a research note on Tuesday. They now have a GBX 2,560 ($43.91) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Spectris plc in a research note on Wednesday, July 2nd. They now have a GBX 2,550 ($43.74) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Spectris plc in a research note on Tuesday, July 1st. They now have a GBX 2,500 ($42.88) price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 2,635 ($45.20).

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.