Spectris (SXS) Receives “Buy” Rating from Shore Capital
SXS has been the subject of a number of other research reports. Deutsche Bank reaffirmed a buy rating and issued a GBX 2,860 ($38.49) price target on shares of Spectris in a report on Friday, October 13th. Peel Hunt reaffirmed a hold rating and issued a GBX 2,585 ($34.79) price target on shares of Spectris in a report on Tuesday, October 31st. Numis Securities raised Spectris to a reduce rating and set a GBX 2,100 ($28.26) price target for the company in a report on Tuesday, December 5th. Liberum Capital reissued a buy rating and set a GBX 2,830 ($38.09) target price on shares of Spectris in a report on Tuesday, November 21st. Finally, Barclays reduced their target price on Spectris from GBX 2,900 ($39.03) to GBX 2,710 ($36.47) and set an overweight rating for the company in a report on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 2,643.08 ($35.57).
Spectris (LON SXS) traded down GBX 9 ($0.12) during midday trading on Thursday, reaching GBX 2,469 ($33.23). The company had a trading volume of 279,998 shares, compared to its average volume of 281,450. Spectris has a 12 month low of GBX 2,201.48 ($29.63) and a 12 month high of GBX 2,869 ($38.61).
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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