JPMorgan Chase & Co. Increases Spectris plc (SXS) Price Target to GBX 1,968
Spectris plc (LON:SXS) had its price objective raised by research analysts at JPMorgan Chase & Co. from GBX 1,925 ($24.05) to GBX 1,968 ($24.59) in a research report issued on Wednesday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential downside of 4.14% from the company’s previous close.
Other analysts also recently issued reports about the company. Jefferies Group boosted their target price on Spectris plc from GBX 2,125 ($26.55) to GBX 2,185 ($27.30) and gave the stock a “buy” rating in a research report on Thursday, September 15th. Barclays PLC reiterated an “overweight” rating and set a GBX 2,550 ($31.86) target price on shares of Spectris plc in a research report on Monday, September 5th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 1,835 ($22.93) target price on shares of Spectris plc in a research report on Monday, September 5th. Peel Hunt reiterated a “hold” rating on shares of Spectris plc in a research report on Thursday, July 28th. Finally, BNP Paribas reiterated an “outperform” rating and set a GBX 2,000 ($24.99) target price on shares of Spectris plc in a research report on Friday, July 29th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,941.29 ($24.25).
Spectris plc (LON:SXS) opened at 2030.014 on Wednesday. The stock’s 50 day moving average price is GBX 2,098.70 and its 200-day moving average price is GBX 1,912.97. The stock’s market capitalization is GBX 2.42 billion. Spectris plc has a 12-month low of GBX 1,441.00 and a 12-month high of GBX 2,212.00.
About Spectris plc
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.
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