Spectris plc (SXS) Given Average Rating of “Hold” by Analysts
Shares of Spectris plc (LON:SXS) have received an average rating of “Hold” from the fourteen research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,646.15 ($35.38).
Several research analysts have commented on SXS shares. Deutsche Bank reissued a “buy” rating and issued a GBX 2,860 ($38.24) price objective on shares of Spectris in a research report on Friday, October 13th. Shore Capital reissued a “buy” rating on shares of Spectris in a research report on Wednesday, October 18th. Peel Hunt reissued a “hold” rating and issued a GBX 2,585 ($34.56) price objective on shares of Spectris in a research report on Tuesday, October 31st. Numis Securities raised Spectris to a “reduce” rating and set a GBX 2,100 ($28.08) price objective on the stock in a research report on Tuesday, December 5th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 2,830 ($37.84) price objective on shares of Spectris in a research report on Tuesday, November 21st.
Shares of Spectris (LON:SXS) traded up GBX 38 ($0.51) on Friday, hitting GBX 2,588 ($34.60). The company had a trading volume of 181,406 shares, compared to its average volume of 228,398. Spectris has a twelve month low of GBX 2,225 ($29.75) and a twelve month high of GBX 2,869 ($38.36). The stock has a market cap of $3,060.00 and a price-to-earnings ratio of 28,755.56.
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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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