Spectris (SXS) Price Target Increased to GBX 2,750 by Analysts at Barclays
Spectris (LON:SXS) had its price target upped by Barclays from GBX 2,710 ($36.47) to GBX 2,750 ($37.01) in a note issued to investors on Monday. The firm currently has an “overweight” rating on the stock. Barclays’ target price suggests a potential upside of 10.49% from the company’s current price.
Several other research firms have also weighed in on SXS. Shore Capital restated a “buy” rating on shares of Spectris in a report on Wednesday, August 30th. Liberum Capital restated a “buy” rating and issued a GBX 2,830 ($38.09) target price on shares of Spectris in a report on Wednesday, August 30th. Peel Hunt restated a “hold” rating and issued a GBX 2,585 ($34.79) target price on shares of Spectris in a report on Wednesday, August 30th. Morgan Stanley boosted their target price on Spectris from GBX 2,840 ($38.22) to GBX 2,860 ($38.49) and gave the stock an “overweight” rating in a report on Thursday, September 21st. Finally, restated a “hold” rating and issued a GBX 2,500 ($33.65) target price on shares of Spectris in a report on Friday, September 29th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. Spectris has an average rating of “Hold” and an average price target of GBX 2,646.15 ($35.61).
Shares of Spectris (LON:SXS) traded down GBX 7.56 ($0.10) during trading on Monday, hitting GBX 2,489 ($33.50). The stock had a trading volume of 228,543 shares, compared to its average volume of 274,458. Spectris has a fifty-two week low of GBX 2,225 ($29.95) and a fifty-two week high of GBX 2,869 ($38.61).
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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