Spectris plc (SXS) Receives Buy Rating from Deutsche Bank AG
Deutsche Bank AG reiterated their buy rating on shares of Spectris plc (LON:SXS) in a research report sent to investors on Monday morning. The brokerage currently has a GBX 2,860 ($37.05) price target on the stock.
Other analysts have also issued research reports about the stock. Shore Capital reaffirmed a buy rating on shares of Spectris plc in a report on Wednesday, May 17th. Liberum Capital reaffirmed a buy rating and set a GBX 2,830 ($36.66) price objective on shares of Spectris plc in a report on Wednesday, May 17th. J P Morgan Chase & Co raised their price objective on shares of Spectris plc from GBX 2,425 ($31.41) to GBX 2,525 ($32.71) and gave the stock a neutral rating in a report on Thursday, May 18th. HSBC Holdings plc raised shares of Spectris plc to a hold rating and raised their price objective for the stock from GBX 1,700 ($22.02) to GBX 2,500 ($32.38) in a report on Thursday, April 6th. Finally, Barclays PLC reaffirmed an overweight rating on shares of Spectris plc in a report on Tuesday, March 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of GBX 2,560.91 ($33.17).
Spectris plc (LON:SXS) traded down 0.90% during trading on Monday, hitting GBX 2538.00. The stock had a trading volume of 187,741 shares. The company’s market cap is GBX 3.02 billion. The stock has a 50-day moving average price of GBX 2,631.35 and a 200-day moving average price of GBX 2,513.75. Spectris plc has a 52 week low of GBX 1,755.00 and a 52 week high of GBX 2,869.00.
ILLEGAL ACTIVITY NOTICE: This piece of content was first published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/spectris-plc-sxs-receives-buy-rating-from-deutsche-bank-ag/1430472.html.
In related news, insider Mark Williamson purchased 15,000 shares of the stock in a transaction that occurred on Thursday, June 1st. The stock was acquired at an average price of GBX 2,653 ($34.37) per share, with a total value of £397,950 ($515,479.27).
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.
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.