Peel Hunt reissued their add rating on shares of Spectris (LON:SXS) in a report released on Tuesday morning, Stock Target Advisor reports.
Other research analysts also recently issued reports about the stock. Bank of America raised shares of Spectris to a neutral rating and reduced their price objective for the company from GBX 2,600 ($33.97) to GBX 2,500 ($32.67) in a research report on Friday, October 11th. Jefferies Financial Group reduced their price objective on shares of Spectris from GBX 2,990 ($39.07) to GBX 2,935 ($38.35) and set a buy rating on the stock in a research report on Friday, November 1st. Berenberg Bank boosted their price objective on shares of Spectris from GBX 2,050 ($26.79) to GBX 2,065 ($26.98) and gave the company a sell rating in a research report on Thursday, October 31st. UBS Group reissued a sell rating on shares of Spectris in a research report on Friday, October 11th. Finally, Goldman Sachs Group reissued a sell rating on shares of Spectris in a research report on Friday, October 11th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. Spectris presently has an average rating of Hold and an average target price of GBX 2,600.45 ($33.98).
Shares of Spectris stock opened at GBX 2,670 ($34.89) on Tuesday. The company has a current ratio of 1.55, a quick ratio of 0.99 and a debt-to-equity ratio of 33.78. The company’s fifty day simple moving average is GBX 2,470.64 and its two-hundred day simple moving average is GBX 2,538.28. The company has a market cap of $3.11 billion and a P/E ratio of 64.65. Spectris has a 12-month low of GBX 2,068 ($27.02) and a 12-month high of GBX 2,932 ($38.31).
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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