The JPMorgan Chase & Co. Raises Spectris plc (SXS) Price Target to GBX 1,968

The JPMorgan Chase & Co. Raises Spectris plc (SXS) Price Target to GBX 1,968

Spectris plc (LON:SXS) had its price objective hoisted by JPMorgan Chase & Co. from GBX 1,925 ($24.05) to GBX 1,968 ($24.59) in a report published on Wednesday morning. They currently have a neutral rating on the stock.

A number of other analysts have also recently weighed in on the stock. Barclays PLC restated an overweight rating and issued a GBX 2,550 ($31.86) price objective on shares of Spectris plc in a research note on Wednesday, November 23rd. Jefferies Group boosted their price objective on shares of Spectris plc from GBX 2,125 ($26.55) to GBX 2,185 ($27.30) and gave the stock a buy rating in a research note on Thursday, September 15th. Numis Securities Ltd restated a hold rating and issued a GBX 1,835 ($22.93) price objective on shares of Spectris plc in a research note on Monday, September 5th. Shore Capital restated a buy rating on shares of Spectris plc in a research note on Friday, September 2nd. Finally, Liberum Capital restated a buy rating and issued a GBX 2,080 ($25.99) price objective on shares of Spectris plc in a research note on Friday, September 2nd. Two equities 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. Spectris plc has an average rating of Hold and a consensus price target of GBX 1,954.46 ($24.42).

Spectris plc (LON:SXS) opened at 1978.00 on Wednesday. Spectris plc has a 12-month low of GBX 1,441.00 and a 12-month high of GBX 2,212.00. The stock has a 50 day moving average of GBX 2,096.54 and a 200 day moving average of GBX 1,913.75. The firm’s market capitalization is GBX 2.36 billion.

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