Spectris plc Given Consensus Recommendation of “Buy” by Analysts (LON:SXS)
Shares of Spectris plc (LON:SXS) have earned an average rating of “Buy” from the seventeen brokerages that are presently covering the company, AR Network reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 2,458.44 ($40.68).
Spectris plc (LON:SXS) traded down 0.10% during mid-day trading on Monday, hitting GBX 2015.00. The stock had a trading volume of 187,583 shares. Spectris plc has a one year low of GBX 1863.00 and a one year high of GBX 2572.00. The stock has a 50-day moving average of GBX 2046. and a 200-day moving average of GBX 2238.12. The company’s market cap is £2.392 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, November 12th. Investors of record on Thursday, October 16th will be paid a dividend of GBX 16 ($0.26) per share. This represents a dividend yield of 0.83%. The ex-dividend date is Thursday, October 16th.
SXS has been the subject of a number of recent research reports. Analysts at Liberum Capital reiterated a “buy” rating on shares of Spectris plc in a research note on Monday, August 4th. They now have a GBX 2,430 ($40.21) price target on the stock. Separately, analysts at N+1 Singer cut their price target on shares of Spectris plc from GBX 2,300 ($38.06) to GBX 2,050 ($33.92) in a research note on Monday, August 4th. They now have a “hold” rating on the stock. Finally, analysts at Investec cut their price target on shares of Spectris plc from GBX 2,720 ($45.01) to GBX 2,580 ($42.69) in a research note on Wednesday, July 30th. They now have a “buy” rating on the stock.
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.