Shore Capital reaffirmed their buy rating on shares of Spectris plc (LON:SXS) in a research note published on Wednesday.

A number of other equities research analysts have also issued reports on SXS. Deutsche Bank AG reaffirmed a buy rating and set a GBX 2,860 ($36.99) target price on shares of Spectris plc in a research report on Monday, August 7th. J P Morgan Chase & Co boosted their target price on Spectris plc from GBX 2,425 ($31.36) to GBX 2,525 ($32.66) and gave the stock a neutral rating in a research report on Thursday, May 18th. BNP Paribas reaffirmed a neutral rating and set a GBX 2,600 ($33.63) target price on shares of Spectris plc in a research report on Tuesday, July 18th. Liberum Capital reaffirmed a buy rating and set a GBX 2,830 ($36.60) target price on shares of Spectris plc in a research report on Thursday, July 27th. Finally, Barclays PLC cut their target price on Spectris plc from GBX 2,900 ($37.51) to GBX 2,710 ($35.05) and set an overweight rating on the stock in a research report on Thursday, August 17th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. Spectris plc currently has an average rating of Hold and an average target price of GBX 2,581.82 ($33.39).

Shares of Spectris plc (LON SXS) opened at 2327.00 on Wednesday. Spectris plc has a 52-week low of GBX 1,811.36 and a 52-week high of GBX 2,869.00. The stock’s market cap is GBX 2.77 billion. The company’s 50-day moving average price is GBX 2,469.81 and its 200-day moving average price is GBX 2,553.40.

TRADEMARK VIOLATION NOTICE: This story was first reported by Watch List News and is the property of of Watch List News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. & international trademark and copyright laws. The original version of this story can be viewed at https://www.watchlistnews.com/spectris-plc-sxs-earns-buy-rating-from-shore-capital/1538045.html.

The firm also recently declared a dividend, which will be paid on Friday, November 10th. Investors of record on Thursday, October 12th will be given a dividend of GBX 19 ($0.25) per share. This represents a yield of 0.78%. The ex-dividend date of this dividend is Thursday, October 12th.

Spectris plc Company Profile

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 plc (LON:SXS)

Receive News & Ratings for Spectris plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectris plc and related companies with Analyst Ratings Network's FREE daily email newsletter.