Spectris plc (SXS) Given Average Recommendation of “Hold” by Analysts
Shares of Spectris plc (LON:SXS) have received a consensus rating of “Hold” from the thirteen analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,654.17 ($37.27).
SXS has been the topic of a number of recent research reports. Liberum Capital restated a “buy” rating and issued a GBX 2,880 ($40.44) price objective on shares of Spectris in a report on Friday. Shore Capital restated a “buy” rating on shares of Spectris in a report on Friday. Deutsche Bank restated a “buy” rating and issued a GBX 2,860 ($40.16) price objective on shares of Spectris in a report on Friday, October 13th. Goldman Sachs Group initiated coverage on shares of Spectris in a report on Wednesday, December 13th. They issued a “buy” rating and a GBX 2,900 ($40.72) price objective on the stock. Finally, Peel Hunt restated a “hold” rating and issued a GBX 2,585 ($36.30) price objective on shares of Spectris in a report on Tuesday, October 31st.
Shares of Spectris (LON SXS) traded up GBX 10 ($0.14) during midday trading on Tuesday, hitting GBX 2,610 ($36.65). 357,033 shares of the company traded hands, compared to its average volume of 201,533. Spectris has a one year low of GBX 2,225 ($31.25) and a one year high of GBX 2,869 ($40.29). The stock has a market capitalization of $3,100.00 and a PE ratio of 29,000.00.
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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