Spectris plc (LON:SXS) was downgraded by equities research analysts at Numis Securities Ltd to a “reduce” rating in a research note issued on Wednesday. They presently have a GBX 1,835 ($22.93) price target on the stock. Numis Securities Ltd’s price target indicates a potential downside of 10.62% from the stock’s current price.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. increased their price objective on shares of Spectris plc from GBX 1,813 ($22.65) to GBX 1,925 ($24.05) and gave the company a “neutral” rating in a research report on Friday, July 29th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 2,080 ($25.99) price objective on shares of Spectris plc in a research report on Friday, September 2nd. Morgan Stanley increased their price objective on shares of Spectris plc from GBX 2,230 ($27.86) to GBX 2,380 ($29.74) and gave the company an “overweight” rating in a research report on Friday, August 5th. HSBC decreased their price objective on shares of 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. Finally, BNP Paribas reaffirmed an “outperform” rating and issued a GBX 2,000 ($24.99) price objective on shares of Spectris plc in a research report on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,941.29 ($24.25).

Analyst Recommendations for Spectris plc (LON:SXS)

Spectris plc (LON:SXS) opened at 2030.014 on Wednesday. The stock’s market cap is GBX 2.42 billion. The firm’s 50-day moving average is GBX 2,098.70 and its 200 day moving average is GBX 1,912.97. Spectris plc has a one year low of GBX 1,441.00 and a one year high of GBX 2,212.00.

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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.

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