Spectris plc (SXS) Receives Average Rating of “Hold” from Analysts
Spectris plc (LON:SXS) has been assigned an average recommendation of “Hold” from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,605 ($34.61).
A number of brokerages have weighed in on SXS. Liberum Capital restated a “buy” rating and issued a GBX 2,830 ($37.60) price objective on shares of Spectris plc in a report on Wednesday, August 30th. Shore Capital restated a “buy” rating on shares of Spectris plc in a report on Wednesday, August 30th. Peel Hunt reiterated a “hold” rating and set a GBX 2,585 ($34.35) price target on shares of Spectris plc in a report on Wednesday, August 30th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 2,875 ($38.20) price target (up previously from GBX 2,525 ($33.55)) on shares of Spectris plc in a report on Monday, July 24th. Finally, Barclays PLC reduced their price target on Spectris plc from GBX 2,900 ($38.53) to GBX 2,710 ($36.01) and set an “overweight” rating on the stock in a report on Thursday, August 17th.
Shares of Spectris plc (SXS) traded up 1.55% during trading on Friday, reaching GBX 2492.00. 217,697 shares of the company’s stock traded hands. The stock’s market cap is GBX 2.97 billion. The company has a 50 day moving average price of GBX 2,375.68 and a 200-day moving average price of GBX 2,530.43. Spectris plc has a one year low of GBX 1,954.00 and a one year high of GBX 2,869.00.
The company also recently announced a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 12th will be given a GBX 19 ($0.25) dividend. This represents a yield of 0.78%. The ex-dividend date is Thursday, October 12th.
About Spectris plc
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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