Spectris plc (SXS) Receives Average Recommendation of “Hold” from Analysts
Spectris plc (LON:SXS) has been given an average recommendation of “Hold” by the fifteen brokerages that are presently covering the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,984 ($24.61).
Several research firms have recently issued reports on SXS. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 1,835 ($22.76) price target on shares of Spectris plc in a research note on Monday, September 5th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 2,550 ($31.63) price target on shares of Spectris plc in a research note on Wednesday, November 23rd. HSBC cut their price target on Spectris plc from GBX 2,000 ($24.81) to GBX 1,700 ($21.09) and set a “reduce” rating for the company in a research note on Tuesday, August 16th. JPMorgan Chase & Co. lifted their price target on Spectris plc from GBX 1,925 ($23.88) to GBX 1,968 ($24.41) and gave the stock a “neutral” rating in a research note on Wednesday, November 23rd. Finally, Jefferies Group lifted their price target on Spectris plc from GBX 2,125 ($26.36) to GBX 2,185 ($27.11) and gave the stock a “buy” rating in a research note on Thursday, September 15th.
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Shares of Spectris plc (LON:SXS) traded down 1.38% during mid-day trading on Monday, hitting GBX 1999.00. 284,778 shares of the stock traded hands. The company’s market cap is GBX 2.38 billion. The stock has a 50 day moving average price of GBX 2,096.54 and a 200-day moving average price of GBX 1,913.75. Spectris plc has a one year low of GBX 1,441.00 and a one year 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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