UBS Group reiterated their sell rating on shares of Spectris (LON:SXS) in a report published on Thursday morning, ThisIsMoney.Co.Uk reports.

Other analysts also recently issued research reports about the company. Shore Capital reiterated a hold rating on shares of Spectris in a research note on Tuesday, July 30th. Jefferies Financial Group reiterated a buy rating on shares of Spectris in a research note on Wednesday, July 24th. Deutsche Bank reiterated a buy rating on shares of Spectris in a research note on Friday, July 12th. Peel Hunt reiterated an add rating on shares of Spectris in a research note on Monday, July 29th. Finally, Bank of America downgraded Spectris to an underperform rating in a research note on Friday, July 5th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 2,685.45 ($35.09).

Spectris stock traded up GBX 39 ($0.51) during trading hours on Thursday, hitting GBX 2,509 ($32.78). 195,026 shares of the stock traded hands, compared to its average volume of 390,769. The company has a debt-to-equity ratio of 33.78, a current ratio of 1.55 and a quick ratio of 0.99. The firm’s 50 day moving average price is GBX 2,424.50 and its 200-day moving average price is GBX 2,604.93. The stock has a market capitalization of $2.89 billion and a price-to-earnings ratio of 60.75. Spectris has a 1 year low of GBX 1,924.50 ($25.15) and a 1 year high of GBX 2,932 ($38.31).

The business also recently announced a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 10th will be paid a GBX 21.90 ($0.29) dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 0.82%. Spectris’s payout ratio is 1.50%.

Spectris Company Profile

Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through four segments: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. The Materials Analysis segment provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process.

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Analyst Recommendations for Spectris (LON:SXS)

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