Spectris plc (LON:SXS)‘s stock had its “overweight” rating restated by research analysts at Barclays PLC in a note issued to investors on Wednesday. They currently have a GBX 2,550 ($31.86) price objective on the stock. Barclays PLC’s price objective indicates a potential upside of 24.69% from the stock’s previous close.

A number of other analysts have also recently commented on the company. Morgan Stanley lifted their price objective on Spectris plc from GBX 2,230 ($27.86) to GBX 2,380 ($29.74) and gave the stock an “overweight” rating in a research report on Friday, August 5th. JPMorgan Chase & Co. lifted their price objective on Spectris plc from GBX 1,813 ($22.65) to GBX 1,925 ($24.05) and gave the stock a “neutral” rating in a research report on Friday, July 29th. HSBC dropped their price objective on Spectris plc from GBX 2,000 ($24.99) to GBX 1,700 ($21.24) and set a “reduce” rating for the company in a research report on Tuesday, August 16th. Liberum Capital restated a “buy” rating and issued a GBX 2,080 ($25.99) price target on shares of Spectris plc in a report on Friday, September 2nd. Finally, Shore Capital restated a “buy” rating on shares of Spectris plc in a report on Friday, September 2nd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. Spectris plc presently has an average rating of “Hold” and an average target price of GBX 1,938.21 ($24.22).

Analyst Recommendations for Spectris plc (LON:SXS)

Shares of Spectris plc (LON:SXS) opened at 2045.00 on Wednesday. Spectris plc has a one year low of GBX 1,441.00 and a one year high of GBX 2,212.00. The company has a 50-day moving average of GBX 2,098.59 and a 200 day moving average of GBX 1,910.18. The firm’s market cap is GBX 2.44 billion.

WARNING: This piece of content was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this piece of content can be read at https://www.thecerbatgem.com/2016/11/23/barclays-plc-reaffirms-overweight-rating-for-spectris-plc-sxs.html.

Spectris plc Company Profile

Spectris plc is a supplier of making measuring instruments and controls. The Company 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.

Receive News & Stock Ratings for Spectris plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectris plc and related stocks with our FREE daily email newsletter.