Spectris plc (LON:SXS) Receives GBX 4,707.50 Consensus PT from Analysts

Spectris plc (LON:SXS) has earned a consensus rating of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 4,707.50 ($61.05).

Several equities research analysts have weighed in on the stock. Jefferies Financial Group cut their target price on shares of Spectris from GBX 4,435 ($57.52) to GBX 4,190 ($54.34) and set a “buy” rating on the stock in a report on Friday, July 12th. Bank of America reiterated a “buy” rating and issued a GBX 2,950 ($38.26) target price on shares of Spectris in a report on Monday, September 2nd. Berenberg Bank upgraded shares of Spectris to a “buy” rating and increased their target price for the stock from GBX 3,520 ($45.65) to GBX 3,920 ($50.84) in a report on Wednesday, July 24th. Finally, Shore Capital raised shares of Spectris to a “buy” rating in a research report on Monday, September 9th.

Spectris Trading Down 0.2 %

SXS opened at GBX 2,574 ($33.38) on Monday. The firm’s fifty day moving average is GBX 2,719.19 and its two-hundred day moving average is GBX 2,967.77. The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The firm has a market cap of £2.54 billion, a PE ratio of 955.97, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. Spectris has a twelve month low of GBX 2,486 ($32.24) and a twelve month high of GBX 3,861 ($50.07).

Insider Activity

In other news, insider Mark Williamson acquired 706 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was bought at an average price of GBX 2,832 ($36.73) per share, with a total value of £19,993.92 ($25,929.09). Insiders bought a total of 716 shares of company stock valued at $2,028,097 in the last quarter. Company insiders own 1.21% of the company’s stock.

About Spectris

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.