Liberum Capital Raises Spectris (SXS) Price Target to GBX 2,880

Spectris (LON:SXS) had its price target hoisted by investment analysts at Liberum Capital from GBX 2,830 ($39.74) to GBX 2,880 ($40.44) in a research note issued on Friday, January 12th. The firm currently has a “buy” rating on the stock. Liberum Capital’s target price indicates a potential upside of 10.90% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Goldman Sachs Group assumed coverage on shares of Spectris in a research note on Wednesday, December 13th. They issued a “buy” rating and a GBX 2,900 ($40.72) price target for the company. Morgan Stanley upped their price objective on shares of Spectris from GBX 2,840 ($39.88) to GBX 2,860 ($40.16) and gave the stock an “overweight” rating in a report on Thursday, September 21st. Barclays upped their price objective on shares of Spectris from GBX 2,710 ($38.06) to GBX 2,750 ($38.62) and gave the stock an “overweight” rating in a report on Monday, December 18th. Shore Capital restated a “buy” rating on shares of Spectris in a report on Thursday, December 14th. Finally, Deutsche Bank restated a “buy” rating and issued a GBX 2,860 ($40.16) price objective on shares of Spectris in a report on Monday, December 4th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 2,654.17 ($37.27).

Spectris (LON:SXS) traded down GBX 19 ($0.27) during trading on Friday, hitting GBX 2,597 ($36.47). 222,975 shares of the stock traded hands, compared to its average volume of 208,979. Spectris has a twelve month low of GBX 2,225 ($31.25) and a twelve month high of GBX 2,869 ($40.29). The stock has a market cap of $3,100.00 and a PE ratio of 28,855.56.

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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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