Spectris plc (SXS) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Spectris plc (LON:SXS) have received an average recommendation of “Buy” from the twelve analysts that are currently covering the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,486.50 ($32.35).
A number of equities analysts have recently commented on the stock. Deutsche Bank AG reiterated a “buy” rating and set a GBX 2,860 ($37.21) price target on shares of Spectris plc in a report on Wednesday, May 3rd. Liberum Capital reiterated a “buy” rating and set a GBX 2,830 ($36.82) price target on shares of Spectris plc in a report on Wednesday, May 17th. Shore Capital reiterated a “buy” rating on shares of Spectris plc in a report on Wednesday, May 17th. Barclays PLC reiterated an “overweight” rating on shares of Spectris plc in a report on Tuesday, April 25th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Spectris plc from GBX 2,425 ($31.55) to GBX 2,525 ($32.85) and gave the stock a “neutral” rating in a report on Thursday, May 18th.
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Spectris plc (LON:SXS) traded down 0.31% during midday trading on Tuesday, reaching GBX 2567.00. The company’s stock had a trading volume of 283,152 shares. The firm has a 50 day moving average price of GBX 2,663.62 and a 200-day moving average price of GBX 2,406.01. The firm’s market cap is GBX 3.06 billion. Spectris plc has a 52 week low of GBX 1,604.32 and a 52 week high of GBX 2,869.00.
About Spectris plc
Spectris plc is a supplier of productivity-enhancing instruments and controls. It operates through four segments: Materials Analysis, Test and Measurement, In-Line Instrumentation and Industrial Controls. The Materials Analysis segment provides products and services that determine structure, composition, quantity and quality of particles and materials, during research and product development processes.
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