Spectris plc (LON:SXS) Plans Dividend of GBX 19
Spectris plc (LON:SXS) declared a dividend on Tuesday, July 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 12th will be given a dividend of GBX 19 ($0.25) per share on Friday, November 10th. This represents a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, October 12th. The official announcement can be seen at this link.
Spectris plc (LON SXS) traded down 7.40% during trading on Tuesday, hitting GBX 2439.00. The company had a trading volume of 923,182 shares. The company’s market capitalization is GBX 2.91 billion. Spectris plc has a 12-month low of GBX 1,811.36 and a 12-month high of GBX 2,869.00. The firm has a 50-day moving average of GBX 2,606.38 and a 200 day moving average of GBX 2,551.70.
SXS has been the subject of a number of recent analyst reports. Barclays PLC reiterated an “overweight” rating and issued a GBX 2,900 ($37.78) price objective on shares of Spectris plc in a report on Monday. Liberum Capital upped their price objective on Spectris plc from GBX 2,080 ($27.10) to GBX 2,830 ($36.87) and gave the company a “buy” rating in a report on Wednesday, April 12th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 2,860 ($37.26) price objective on shares of Spectris plc in a report on Wednesday, May 3rd. BNP Paribas reiterated a “neutral” rating and issued a GBX 2,600 ($33.87) price objective on shares of Spectris plc in a report on Tuesday, July 18th. Finally, Shore Capital reiterated a “buy” rating on shares of Spectris plc in a report on Wednesday, May 17th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 2,551.67 ($33.24).
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In other Spectris plc news, insider Mark Williamson bought 15,000 shares of the firm’s stock in a transaction on Thursday, June 1st. The stock was purchased at an average cost of GBX 2,653 ($34.56) per share, with a total value of £397,950 ($518,434.08).
Spectris plc Company Profile
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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