Spectris plc (LON:SXS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Spectris plc (LON:SXSGet Free Report) have received an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 4,707.50 ($58.57).

Separately, Shore Capital reiterated a “buy” rating on shares of Spectris in a research report on Thursday, January 23rd.

Read Our Latest Stock Analysis on Spectris

Insider Buying and Selling at Spectris

In other Spectris news, insider Mark Williamson purchased 12,116 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was purchased at an average price of GBX 2,476 ($30.81) per share, with a total value of £299,992.16 ($373,263.85). Also, insider Andrew Heath purchased 2,406 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were acquired at an average cost of GBX 2,480 ($30.86) per share, with a total value of £59,668.80 ($74,242.63). Insiders have purchased 14,553 shares of company stock worth $36,045,861 over the last quarter. Corporate insiders own 1.21% of the company’s stock.

Spectris Stock Performance

Shares of LON:SXS opened at GBX 2,916 ($36.28) on Thursday. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. The firm has a market cap of £2.88 billion, a PE ratio of 1,088.06, a PEG ratio of 2.74 and a beta of 0.61. The company’s 50 day moving average price is GBX 2,552.34 and its two-hundred day moving average price is GBX 2,702.46. Spectris has a 12-month low of GBX 2,370 ($29.49) and a 12-month high of GBX 3,803 ($47.32).

Spectris Company Profile

(Get Free Report

The experts in providing insight through precision measurement.

Our purpose is to deliver value beyond measure – going beyond just the measurement.

Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.

Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.

This equips them with the ability to reduce time to market, improve processes, quality and yield.

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Analyst Recommendations for Spectris (LON:SXS)

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