Shares of Spectris plc (LON:SXS – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,517.37 and traded as high as GBX 4,158. Spectris shares last traded at GBX 4,104, with a volume of 2,301,148 shares.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Spectris from GBX 3,763 to GBX 4,147 and gave the company a “hold” rating in a research note on Friday, September 5th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,573.50.
Read Our Latest Research Report on SXS
Spectris Stock Performance
Spectris (LON:SXS – Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported GBX 38.40 earnings per share (EPS) for the quarter. Spectris had a net margin of 20.44% and a return on equity of 20.13%. Equities analysts forecast that Spectris plc will post 194.7972456 earnings per share for the current fiscal year.
Spectris Company Profile
The experts in providing insight through precision measurement.
Our purpose is to deliver value beyond measure – going beyond just the measurement.
Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.
Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.
This equips them with the ability to reduce time to market, improve processes, quality and yield.
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