Spectris plc (SXS) Stock Rating Reaffirmed by Deutsche Bank AG
Spectris plc (LON:SXS)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank AG in a note issued to investors on Friday. They presently have a GBX 2,860 ($37.60) price objective on the stock. Deutsche Bank AG’s target price points to a potential upside of 15.28% from the company’s previous close.
Several other research firms have also recently issued reports on SXS. Peel Hunt restated a “hold” rating and set a GBX 2,585 ($33.99) target price on shares of Spectris plc in a research note on Tuesday, July 25th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 2,875 ($37.80) target price (up previously from GBX 2,525 ($33.20)) on shares of Spectris plc in a research note on Monday, July 24th. Barclays PLC restated an “overweight” rating and set a GBX 2,900 ($38.13) target price on shares of Spectris plc in a research note on Monday, July 24th. BNP Paribas restated a “neutral” rating and set a GBX 2,600 ($34.18) target price on shares of Spectris plc in a research note on Tuesday, July 18th. Finally, Liberum Capital restated a “buy” rating and set a GBX 2,830 ($37.21) target price on shares of Spectris plc in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 2,605 ($34.25).
Spectris plc (LON SXS) traded up 0.28% during mid-day trading on Friday, reaching GBX 2481.00. 202,708 shares of the company were exchanged. The stock has a 50-day moving average price of GBX 2,364.68 and a 200 day moving average price of GBX 2,531.42. The company’s market capitalization is GBX 2.96 billion. Spectris plc has a one year low of GBX 1,954.00 and a one year high of GBX 2,869.00.
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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