Spectris plc (SXS) Receives Buy Rating from Shore Capital
Spectris plc (LON:SXS)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a note issued to investors on Tuesday.
SXS has been the topic of a number of other research reports. Deutsche Bank AG reissued a “buy” rating and issued a GBX 2,860 ($37.62) price objective on shares of Spectris plc in a research note on Friday, October 13th. Peel Hunt restated a “hold” rating and issued a GBX 2,585 ($34.00) target price on shares of Spectris plc in a report on Tuesday, October 31st. Liberum Capital restated a “buy” rating and issued a GBX 2,830 ($37.22) target price on shares of Spectris plc in a report on Thursday, July 27th. Barclays PLC decreased their target price on Spectris plc from GBX 2,900 ($38.14) to GBX 2,710 ($35.64) and set an “overweight” rating on the stock in a report on Thursday, August 17th. Finally, restated a “hold” rating and issued a GBX 2,500 ($32.88) target price on shares of Spectris plc in a report on Friday, September 29th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 2,605 ($34.26).
Spectris plc (LON:SXS) traded up GBX 2 ($0.03) on Tuesday, hitting GBX 2,543 ($33.45). The stock had a trading volume of 488,801 shares, compared to its average volume of 266,351. Spectris plc has a 12 month low of GBX 1,966 ($25.86) and a 12 month high of GBX 2,869 ($37.74).
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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