Spectris plc (SXS) Given Buy Rating at Deutsche Bank AG
Spectris plc (LON:SXS)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank AG in a research note issued on Monday. They currently have a GBX 2,860 ($37.73) price objective on the stock. Deutsche Bank AG’s price objective would indicate a potential upside of 14.31% from the stock’s previous close.
A number of other equities analysts have also weighed in on the company. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,830 ($37.33) target price on shares of Spectris plc in a research report on Thursday, July 27th. Peel Hunt reaffirmed a “hold” rating and set a GBX 2,585 ($34.10) target price on shares of Spectris plc in a research report on Tuesday, July 25th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 2,875 ($37.92) target price (up from GBX 2,525 ($33.31)) on shares of Spectris plc in a research report on Monday, July 24th. Barclays PLC reiterated an “overweight” rating and set a GBX 2,900 ($38.25) price target on shares of Spectris plc in a report on Monday, July 24th. Finally, BNP Paribas reiterated a “neutral” rating and set a GBX 2,600 ($34.30) price target on shares of Spectris plc in a report on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 2,599.09 ($34.28).
Shares of Spectris plc (LON:SXS) traded up 0.16% during trading on Monday, hitting GBX 2506.00. 275,608 shares of the stock traded hands. 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 market cap is GBX 2.99 billion. The company has a 50-day moving average of GBX 2,572.35 and a 200-day moving average of GBX 2,554.13.
COPYRIGHT VIOLATION WARNING: This piece was reported by American Banking News and is the property of of American Banking News. If you are reading this piece on another domain, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/08/07/spectris-plc-sxs-given-buy-rating-at-deutsche-bank-ag.html.
In other Spectris plc news, insider Mark Williamson acquired 15,000 shares of Spectris plc stock in a transaction on Thursday, June 1st. The stock was purchased at an average price of GBX 2,653 ($35.00) per share, for a total transaction of £397,950 ($524,930.75).
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.
Receive News & Ratings for Spectris plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectris plc and related companies with MarketBeat.com's FREE daily email newsletter.