Brokerages Set Spectris plc (SXS) PT at $2,532.86
Spectris plc (LON:SXS) has received a consensus rating of “Hold” from the fifteen ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 2,528.75 ($33.04).
A number of equities research analysts have commented on SXS shares. Bank of America raised Spectris to a “buy” rating in a report on Monday, October 15th. Shore Capital reissued a “hold” rating on shares of Spectris in a report on Tuesday, November 20th. HSBC dropped their price target on Spectris from GBX 2,750 ($35.93) to GBX 2,250 ($29.40) and set a “hold” rating for the company in a research report on Tuesday, October 30th. JPMorgan Chase & Co. raised their price target on Spectris from GBX 2,900 ($37.89) to GBX 2,965 ($38.74) and gave the company an “overweight” rating in a research report on Wednesday, January 16th. Finally, BNP Paribas dropped their price target on Spectris from GBX 2,550 ($33.32) to GBX 2,350 ($30.71) and set an “outperform” rating for the company in a research report on Friday, January 25th.
Spectris stock traded up GBX 45 ($0.59) during midday trading on Friday, reaching GBX 2,630 ($34.37). The company’s stock had a trading volume of 140,853 shares, compared to its average volume of 390,769. Spectris has a fifty-two week low of GBX 2,225 ($29.07) and a fifty-two week high of GBX 2,869 ($37.49).
Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through four segments: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. The Materials Analysis segment provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process.
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