Spectris (OTCMKTS:SEPJY) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a research report issued to clients and investors on Thursday. The brokerage presently has a $17.00 price objective on the stock. Zacks Investment Research‘s target price would suggest a potential upside of 8.90% from the stock’s previous close.

According to Zacks, “Spectris Plc manufactures, develops and supplies industrial automation equipment. The company comprises Materials Analysis segment, Test & Measurement segment, In-Line Instrumentation segment and Industrial Controls segment. The Materials Analysis segment provides products to determine structure, composition, quantity and quality of particles and materials. The Test and Measurement segment supplies test, measurement and analysis equipment and software for product design, manufacturing control and environmental monitoring systems. The In-line Instrumentation segment provides process analytical measurement, asset monitoring and on-line controls for both primary processing and the converting industries. The Industrial Controls segment provides products and solutions which monitor, control, inform, track and trace during the production process. Spectris Plc is headquartered in Egham, the United Kingdom. “

Shares of Spectris (OTCMKTS SEPJY) opened at $15.61 on Thursday. Spectris has a twelve month low of $13.45 and a twelve month high of $17.50. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.57 and a quick ratio of 0.99.

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