Spectris plc (LON:SXS)‘s stock had its “hold” rating reissued by stock analysts at Peel Hunt in a research note issued on Wednesday. They currently have a GBX 2,585 ($33.43) price objective on the stock. Peel Hunt’s target price suggests a potential upside of 9.81% from the company’s current price.

Other equities analysts also recently issued research reports about the company. Shore Capital reiterated a “buy” rating on shares of Spectris plc in a report on Wednesday. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 2,860 ($36.99) price objective on shares of Spectris plc in a report on Monday, August 7th. Liberum Capital reiterated a “buy” rating and issued a GBX 2,830 ($36.60) price objective on shares of Spectris plc in a report on Thursday, July 27th. Jefferies Group LLC increased their price objective on Spectris plc from GBX 2,810 ($36.34) to GBX 2,940 ($38.02) and gave the stock a “buy” rating in a report on Wednesday, May 31st. Finally, J P Morgan Chase & Co increased their price objective on Spectris plc from GBX 2,425 ($31.36) to GBX 2,525 ($32.66) and gave the stock a “neutral” rating in a report on Thursday, May 18th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. Spectris plc presently has an average rating of “Hold” and an average target price of GBX 2,581.82 ($33.39).

Spectris plc (LON SXS) remained flat at GBX 2354.00 on Wednesday. 126,977 shares of the company traded hands. The stock has a 50-day moving average of GBX 2,495.33 and a 200-day moving average of GBX 2,555.03. Spectris plc has a 52 week low of GBX 1,811.36 and a 52 week high of GBX 2,869.00. The company’s market capitalization is GBX 2.81 billion.

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In related news, insider Mark Williamson bought 15,000 shares of the business’s stock in a transaction dated Thursday, June 1st. The shares were purchased at an average cost of GBX 2,653 ($34.31) per share, with a total value of £397,950 ($514,679.26).

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.

Analyst Recommendations for Spectris plc (LON:SXS)

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