Spectris plc (LON:SXS) Receives GBX 4,707.50 Consensus Target Price from Brokerages

Shares of Spectris plc (LON:SXS) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 4,707.50 ($59.18).

Several brokerages recently commented on SXS. Shore Capital raised shares of Spectris to a “buy” rating in a research note on Monday, September 9th. Bank of America reaffirmed a “buy” rating and issued a GBX 2,950 ($37.08) target price on shares of Spectris in a research note on Monday, September 2nd.

Spectris Stock Down 0.2 %

Shares of LON SXS opened at GBX 2,492 ($31.33) on Friday. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. Spectris has a 52 week low of GBX 2,370 ($29.79) and a 52 week high of GBX 3,861 ($48.54). The firm’s fifty day moving average is GBX 2,590.17 and its 200 day moving average is GBX 2,875.81. The company has a market cap of £2.46 billion, a price-to-earnings ratio of 935.07, a PEG ratio of 2.74 and a beta of 0.61.

Insider Buying and Selling at Spectris

In other Spectris news, insider Andrew Heath bought 2,406 shares of Spectris stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of GBX 2,480 ($31.18) per share, with a total value of £59,668.80 ($75,007.92). Also, insider Alison Henwood bought 19 shares of Spectris stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average cost of GBX 2,599 ($32.67) per share, for a total transaction of £493.81 ($620.75). In the last ninety days, insiders have purchased 14,546 shares of company stock valued at $36,029,802. 1.21% of the stock is currently owned by company insiders.

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.