Spectris plc (LON:SXS)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank AG in a research report issued on Monday. They presently have a GBX 2,860 ($37.05) price target on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 12.33% from the stock’s previous close.

Several other equities research analysts also recently weighed in on the company. Jefferies Group LLC raised their price target on Spectris plc from GBX 2,810 ($36.40) to GBX 2,940 ($38.08) and gave the stock a “buy” rating in a report on Wednesday, May 31st. J P Morgan Chase & Co raised their price target on Spectris plc from GBX 2,425 ($31.41) to GBX 2,525 ($32.71) and gave the stock a “neutral” rating in a report on Thursday, May 18th. Shore Capital reissued a “buy” rating on shares of Spectris plc in a report on Wednesday, May 17th. Liberum Capital reissued a “buy” rating and issued a GBX 2,830 ($36.66) price target on shares of Spectris plc in a report on Wednesday, May 17th. Finally, Barclays PLC reissued an “overweight” rating on shares of Spectris plc in a report on Tuesday, April 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 2,560.91 ($33.17).

Spectris plc (LON SXS) opened at 2547.00 on Monday. The firm has a 50-day moving average price of GBX 2,631.35 and a 200-day moving average price of GBX 2,513.75. The stock’s market cap is GBX 3.04 billion. Spectris plc has a 12 month low of GBX 1,755.00 and a 12 month high of GBX 2,869.00.

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In related news, insider Mark Williamson purchased 15,000 shares of Spectris plc stock in a transaction that occurred on Thursday, June 1st. The stock was bought at an average cost of GBX 2,653 ($34.37) per share, for a total transaction of £397,950 ($515,479.27).

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.

Analyst Recommendations for Spectris plc (LON:SXS)

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