Spectris plc’s (SXS) Buy Rating Reaffirmed at Liberum Capital
SXS has been the topic of several other research reports. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 2,875 ($37.45) target price (up previously from GBX 2,525 ($32.89)) on shares of Spectris plc in a report on Monday, July 24th. HSBC Holdings plc raised shares of Spectris plc to a hold rating and upped their target price for the stock from GBX 1,700 ($22.15) to GBX 2,500 ($32.57) in a report on Thursday, April 6th. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 2,860 ($37.26) target price on shares of Spectris plc in a report on Monday, July 10th. Jefferies Group LLC upped their target price on shares of Spectris plc from GBX 2,810 ($36.61) to GBX 2,940 ($38.30) and gave the stock a buy rating in a report on Wednesday, May 31st. Finally, Peel Hunt reaffirmed a hold rating and issued a GBX 2,585 ($33.68) target price on shares of Spectris plc in a report on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 2,580.83 ($33.62).
Shares of Spectris plc (SXS) opened at 2464.00 on Thursday. The company’s market capitalization is GBX 2.94 billion. The firm’s 50 day moving average is GBX 2,584.80 and its 200-day moving average is GBX 2,552.43. Spectris plc has a 52-week low of GBX 1,811.36 and a 52-week high of GBX 2,869.00.
The business 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. The ex-dividend date of this dividend is Thursday, October 12th. This represents a yield of 0.78%.
In related news, insider Mark Williamson purchased 15,000 shares of Spectris plc stock in a transaction that occurred on Thursday, June 1st. The shares were acquired at an average price of GBX 2,653 ($34.56) per share, for a total transaction of £397,950 ($518,434.08).
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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