Spectris plc (LON:SXS)‘s stock had its “hold” rating reaffirmed by equities researchers at Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 2,585 ($33.68) price objective on the stock. Peel Hunt’s price objective indicates a potential downside of 1.86% from the stock’s current price.

A number of other research firms have also recently commented on SXS. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,900 ($37.78) target price on shares of Spectris plc in a research report on Monday. Liberum Capital upped their target price on shares of Spectris plc from GBX 2,080 ($27.10) to GBX 2,830 ($36.87) and gave the company a “buy” rating in a research report on Wednesday, April 12th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 2,860 ($37.26) target price on shares of Spectris plc in a research report on Wednesday, May 3rd. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 2,600 ($33.87) target price on shares of Spectris plc in a research report on Tuesday, July 18th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Spectris plc in a research report on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. Spectris plc has an average rating of “Hold” and a consensus price target of GBX 2,551.67 ($33.24).

Spectris plc (LON SXS) opened at 2474.00 on Tuesday. Spectris plc has a 52-week low of GBX 1,811.36 and a 52-week high of GBX 2,869.00. The firm’s 50-day moving average is GBX 2,606.38 and its 200-day moving average is GBX 2,551.70. The stock’s market cap is GBX 2.95 billion.

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In other Spectris plc news, insider Mark Williamson purchased 15,000 shares of the business’s stock in a transaction on Thursday, June 1st. The shares were bought at an average cost of GBX 2,653 ($34.56) per share, for a total transaction of £397,950 ($518,434.08).

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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