Spectris plc (LON:SXS – Get Free Report) insider Alison Henwood bought 19 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average cost of GBX 2,599 ($33.44) per share, for a total transaction of £493.81 ($635.45).
Spectris Stock Performance
Shares of LON:SXS opened at GBX 2,580 ($33.20) on Wednesday. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The business’s fifty day moving average price is GBX 2,647.45 and its two-hundred day moving average price is GBX 2,925.80. Spectris plc has a fifty-two week low of GBX 2,370 ($30.50) and a fifty-two week high of GBX 3,861 ($49.68). The stock has a market capitalization of £2.55 billion, a price-to-earnings ratio of 962.69, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Bank of America reiterated a “buy” rating and issued a GBX 2,950 ($37.96) price objective on shares of Spectris in a research report on Monday, September 2nd. Berenberg Bank upgraded shares of Spectris to a “buy” rating and lifted their price target for the stock from GBX 3,520 ($45.30) to GBX 3,920 ($50.44) in a research note on Wednesday, July 24th. Finally, Shore Capital upgraded shares of Spectris to a “buy” rating in a research note on Monday, September 9th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 4,707.50 ($60.58).
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.
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