Spectris plc (LON:SXS) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Spectris plc (LON:SXS) have been given an average rating of “Hold” by the sixteen ratings firms that are presently covering the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,005 ($26.17).
SXS has been the topic of a number of analyst reports. BNP Paribas lifted their price target on Spectris plc from GBX 1,760 ($22.97) to GBX 1,900 ($24.80) and gave the stock an “outperform” rating in a research note on Wednesday, July 13th. Peel Hunt restated a “hold” rating and set a GBX 1,600 ($20.89) price objective on shares of Spectris plc in a research report on Monday, June 20th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 1,765 ($23.04) price objective on shares of Spectris plc in a research report on Wednesday, June 15th. Jefferies Group raised their price objective on Spectris plc from GBX 1,830 ($23.89) to GBX 2,125 ($27.74) and gave the stock a “buy” rating in a research report on Thursday, July 28th. Finally, Liberum Capital restated a “buy” rating and set a GBX 2,080 ($27.15) price objective on shares of Spectris plc in a research report on Friday, September 2nd.
Shares of Spectris plc (LON:SXS) traded up 1.48% during mid-day trading on Monday, reaching GBX 1983.00. 209,724 shares of the company’s stock traded hands. Spectris plc has a 1-year low of GBX 1,441.00 and a 1-year high of GBX 2,020.00. The firm has a 50-day moving average price of GBX 1,939.03 and a 200-day moving average price of GBX 1,825.74. The company’s market capitalization is GBX 2.36 billion.
The business also recently announced a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 13th will be issued a GBX 18 ($0.23) dividend. The ex-dividend date is Thursday, October 13th. This represents a yield of 0.95%.
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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