Spectris (LON:SXS)‘s stock had its “reduce” rating restated by equities research analysts at Numis Securities in a report issued on Wednesday. They presently have a GBX 2,100 ($29.01) price objective on the stock. Numis Securities’ price objective points to a potential downside of 17.19% from the company’s previous close.

A number of other research analysts have also recently commented on the company. Deutsche Bank reaffirmed a “buy” rating and set a GBX 2,860 ($39.51) target price on shares of Spectris in a research note on Monday, December 4th. Liberum Capital reissued a “buy” rating and issued a GBX 2,830 ($39.10) price objective on shares of Spectris in a research note on Tuesday, November 21st. Goldman Sachs Group initiated coverage on Spectris in a research note on Wednesday, December 13th. They issued a “buy” rating and a GBX 2,900 ($40.07) price objective on the stock. Shore Capital reissued a “buy” rating on shares of Spectris in a research note on Wednesday, October 18th. Finally, Barclays increased their price objective on Spectris from GBX 2,710 ($37.44) to GBX 2,750 ($37.99) and gave the stock an “overweight” rating in a research note on Monday, December 18th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 2,656.25 ($36.70).

Spectris (SXS) opened at GBX 2,536 ($35.04) on Wednesday. The company has a market capitalization of $3,020.00 and a P/E ratio of 28,177.78. Spectris has a 52 week low of GBX 2,225 ($30.74) and a 52 week high of GBX 2,869 ($39.64).

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About Spectris

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.

Analyst Recommendations for Spectris (LON:SXS)

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