Spectris (LON:SXS) Stock Rating Reaffirmed by Numis Securities

Spectris (LON:SXS)‘s stock had its “buy” rating reiterated by equities researchers at Numis Securities in a note issued to investors on Thursday, Digital Look reports. They presently have a GBX 4,435 ($56.13) price target on the stock. Numis Securities’ price objective would indicate a potential upside of 35.88% from the company’s current price.

SXS has been the topic of several other reports. Stifel Nicolaus cut Spectris to a “sell” rating and set a GBX 8,500 ($107.58) target price on the stock. in a research report on Friday, March 8th. Shore Capital downgraded Spectris to a “sell” rating in a research note on Thursday, February 29th. Finally, Berenberg Bank decreased their price objective on Spectris from GBX 3,780 ($47.84) to GBX 3,520 ($44.55) and set a “hold” rating on the stock in a research note on Friday, March 1st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 6,444 ($81.56).

Spectris Trading Up 1.3 %

Shares of LON:SXS opened at GBX 3,264 ($41.31) on Thursday. The stock has a market capitalization of £3.29 billion, a price-to-earnings ratio of 2,318.57, a PEG ratio of 2.74 and a beta of 0.72. The company has a debt-to-equity ratio of 4.76, a quick ratio of 1.03 and a current ratio of 1.89. The stock’s 50-day simple moving average is GBX 3,438.75 and its two-hundred day simple moving average is GBX 3,426.42. Spectris has a 52-week low of GBX 2,917 ($36.92) and a 52-week high of GBX 3,883.85 ($49.16).

Insider Activity at Spectris

In related news, insider Derek Harding sold 1,909 shares of Spectris stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of GBX 3,201 ($40.51), for a total transaction of £61,107.09 ($77,340.96). 1.28% of the stock is owned by corporate insiders.

Spectris Company Profile

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.