Deutsche Bank restated their buy rating on shares of Spectris (LON:SXS) in a report published on Monday morning. They currently have a GBX 2,860 ($38.49) price objective on the stock.
A number of other equities analysts have also recently commented on the stock. Liberum Capital reissued a buy rating and issued a GBX 2,830 ($38.09) price target on shares of Spectris in a research note on Wednesday, August 30th. Shore Capital reissued a buy rating on shares of Spectris in a research note on Wednesday, October 18th. Peel Hunt reissued a hold rating and issued a GBX 2,585 ($34.79) price target on shares of Spectris in a research note on Tuesday, September 12th. Barclays cut their price target on shares of Spectris from GBX 2,900 ($39.03) to GBX 2,710 ($36.47) and set an overweight rating for the company in a research note on Thursday, August 17th. Finally, Morgan Stanley boosted their price target on shares of Spectris from GBX 2,840 ($38.22) to GBX 2,860 ($38.49) and gave the stock an overweight rating in a research note on Thursday, September 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 2,621.67 ($35.28).
Spectris (LON:SXS) traded down GBX 27 ($0.36) during mid-day trading on Monday, reaching GBX 2,423 ($32.61). 317,230 shares of the company’s stock were exchanged, compared to its average volume of 285,092. Spectris has a fifty-two week low of GBX 2,053 ($27.63) and a fifty-two week high of GBX 2,869 ($38.61).
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Spectris plc is a supplier of productivity-enhancing instruments and controls. It 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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