Spectris plc (LON:SXS)‘s stock had its “overweight” rating reiterated by stock analysts at Barclays PLC in a note issued to investors on Wednesday. They currently have a GBX 2,550 ($31.86) target price on the stock. Barclays PLC’s price objective indicates a potential upside of 24.21% from the company’s previous close.
A number of other brokerages have also recently issued reports on SXS. Jefferies Group upped their target price on shares of Spectris plc from GBX 2,125 ($26.55) to GBX 2,185 ($27.30) and gave the company a “buy” rating in a report on Thursday, September 15th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,835 ($22.93) target price on shares of Spectris plc in a report on Monday, September 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 1,925 ($24.05) target price on shares of Spectris plc in a report on Monday, September 5th. Shore Capital reaffirmed a “buy” rating on shares of Spectris plc in a report on Friday, September 2nd. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 2,080 ($25.99) target price on shares of Spectris plc in a report on Friday, September 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 1,941.29 ($24.25).
Spectris plc (LON:SXS) opened at 2030.014 on Wednesday. Spectris plc has a 52 week low of GBX 1,441.00 and a 52 week high of GBX 2,212.00. The company’s market cap is GBX 2.42 billion. The firm’s 50-day moving average is GBX 2,098.70 and its 200-day moving average is GBX 1,912.97.
About Spectris plc
Spectris plc is a supplier of making measuring instruments and controls. The Company operates through four segments: Materials Analysis, Test and Measurement, In-Line Instrumentation and Industrial Controls. The Materials Analysis segment provides products and services that determine structure, composition, quantity and quality of particles and materials, during research and product development processes.
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