UBS Group reiterated their sell rating on shares of Spectris (LON:SXS) in a report published on Tuesday, Stock Target Advisor reports.
A number of other equities research analysts have also issued reports on SXS. Berenberg Bank restated a sell rating and set a GBX 2,065 ($27.16) price target on shares of Spectris in a report on Monday, December 2nd. JPMorgan Chase & Co. lowered shares of Spectris to a neutral rating in a report on Monday. Bank of America upgraded shares of Spectris to a neutral rating and cut their price target for the company from GBX 2,600 ($34.20) to GBX 2,500 ($32.89) in a report on Friday, October 11th. Morgan Stanley reiterated an equal weight rating on shares of Spectris in a research note on Thursday, December 5th. Finally, Goldman Sachs Group reiterated a sell rating on shares of Spectris in a research note on Friday, October 11th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of GBX 2,628 ($34.57).
SXS stock opened at GBX 2,972 ($39.09) on Tuesday. Spectris has a 52-week low of GBX 2,143 ($28.19) and a 52-week high of GBX 2,932 ($38.57). The company’s 50 day simple moving average is GBX 2,650.82 and its 200-day simple moving average is GBX 2,550.48. The company has a debt-to-equity ratio of 33.78, a current ratio of 1.55 and a quick ratio of 0.99. The firm has a market capitalization of $3.28 billion and a P/E ratio of 71.96.
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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