Spectris plc (LON:SXS) Given Average Recommendation of “Hold” by Brokerages
Shares of Spectris plc (LON:SXS) have been assigned an average recommendation of “Hold” from the twelve ratings firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 2,599.09 ($33.85).
A number of brokerages have recently commented on SXS. BNP Paribas reaffirmed a “neutral” rating and set a GBX 2,600 ($33.86) target price on shares of Spectris plc in a research report on Tuesday, July 18th. Deutsche Bank AG reiterated a “buy” rating and set a GBX 2,860 ($37.24) price objective on shares of Spectris plc in a research note on Monday. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 2,875 ($37.44) price objective (up from GBX 2,525 ($32.88)) on shares of Spectris plc in a research note on Monday, July 24th. Shore Capital reiterated a “buy” rating on shares of Spectris plc in a research note on Wednesday, May 17th. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 2,830 ($36.85) price objective on shares of Spectris plc in a research note on Wednesday, May 17th.
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Shares of Spectris plc (LON SXS) traded up 0.32% during mid-day trading on Tuesday, hitting GBX 2514.00. The stock had a trading volume of 174,086 shares. Spectris plc has a 52-week low of GBX 1,811.36 and a 52-week high of GBX 2,869.00. The stock’s market cap is GBX 3.00 billion. The company’s 50 day moving average is GBX 2,555.92 and its 200-day moving average is GBX 2,555.75.
The company also recently announced a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 12th will be paid a GBX 19 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, October 12th. This represents a yield of 0.78%.
In other news, insider Mark Williamson bought 15,000 shares of the stock in a transaction on Thursday, June 1st. The stock was bought at an average cost of GBX 2,653 ($34.55) per share, for a total transaction of £397,950 ($518,231.54).
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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