Spectris plc (SXS) Earns “Buy” Rating from Shore Capital
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.
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.
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