Spectris’ (SXS) Buy Rating Reaffirmed at Deutsche Bank

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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About Spectris

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.

Analyst Recommendations for Spectris (LON:SXS)

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