Mark Williamson Buys 12,116 Shares of Spectris plc (LON:SXS) Stock

Spectris plc (LON:SXS) insider Mark Williamson purchased 12,116 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was bought at an average price of GBX 2,476 ($32.23) per share, with a total value of £299,992.16 ($390,513.10).

Spectris Stock Up 4.1 %

Shares of Spectris stock opened at GBX 2,556 ($33.27) on Thursday. The firm has a market cap of £2.53 billion, a price-to-earnings ratio of 953.73, a P/E/G ratio of 2.74 and a beta of 0.61. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. Spectris plc has a 52-week low of GBX 2,370 ($30.85) and a 52-week high of GBX 3,861 ($50.26). The stock has a 50-day simple moving average of GBX 2,669.93 and a 200-day simple moving average of GBX 2,941.86.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on SXS shares. Jefferies Financial Group decreased their price target on shares of Spectris from GBX 4,435 ($57.73) to GBX 4,190 ($54.54) and set a “buy” rating for the company in a research report on Friday, July 12th. Berenberg Bank upgraded Spectris to a “buy” rating and raised their target price for the company from GBX 3,520 ($45.82) to GBX 3,920 ($51.03) in a research note on Wednesday, July 24th. Bank of America restated a “buy” rating and set a GBX 2,950 ($38.40) price objective on shares of Spectris in a research note on Monday, September 2nd. Finally, Shore Capital raised Spectris to a “buy” rating in a report on Monday, September 9th. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,707.50 ($61.28).

Spectris Company Profile

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.