Spectris (LON:SXS)‘s stock had its “buy” rating reissued by Liberum Capital in a research note issued to investors on Friday. They presently have a GBX 2,880 ($39.06) price target on the stock. Liberum Capital’s target price suggests a potential upside of 11.15% from the company’s current price.
A number of other brokerages have also commented on SXS. Goldman Sachs Group initiated coverage on Spectris in a report on Wednesday, December 13th. They set a “buy” rating and a GBX 2,900 ($39.33) price target on the stock. Shore Capital reissued a “buy” rating on shares of Spectris in a report on Thursday, December 14th. reissued a “hold” rating and set a GBX 2,500 ($33.90) price target on shares of Spectris in a report on Friday, September 29th. Deutsche Bank reissued a “buy” rating and set a GBX 2,860 ($38.78) price target on shares of Spectris in a report on Friday, October 13th. Finally, Barclays raised their price target on Spectris from GBX 2,710 ($36.75) to GBX 2,750 ($37.29) and gave the company an “overweight” rating in a report on Monday, December 18th. Two 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. Spectris currently has an average rating of “Hold” and an average price target of GBX 2,654.17 ($35.99).
Spectris (SXS) traded up GBX 19 ($0.26) during mid-day trading on Friday, reaching GBX 2,591 ($35.14). The company’s stock had a trading volume of 266,999 shares, compared to its average volume of 204,447. The company has a market capitalization of $3,090.00 and a PE ratio of 28,788.89. Spectris has a 12 month low of GBX 2,225 ($30.17) and a 12 month high of GBX 2,869 ($38.91).
Spectris 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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