Spectris (LON:SXS) Given “Add” Rating at Peel Hunt

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Peel Hunt restated their add rating on shares of Spectris (LON:SXS) in a report released on Thursday, ThisIsMoney.Co.Uk reports.

Other research analysts have also recently issued research reports about the company. Morgan Stanley cut Spectris to an underweight rating and cut their price objective for the stock from GBX 2,670 ($35.12) to GBX 2,500 ($32.89) in a research report on Friday, January 10th. Barclays initiated coverage on Spectris in a research report on Monday, January 20th. They issued an overweight rating and a GBX 3,320 ($43.67) price objective for the company. Bank of America cut Spectris to an underperform rating and cut their price objective for the stock from GBX 2,760 ($36.31) to GBX 2,750 ($36.17) in a research report on Wednesday, January 8th. Shore Capital reiterated a hold rating on shares of Spectris in a research report on Tuesday, November 19th. Finally, JPMorgan Chase & Co. cut Spectris to a neutral rating in a research report on Monday, December 9th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Spectris has a consensus rating of Hold and a consensus target price of GBX 2,665.91 ($35.07).

LON:SXS traded down GBX 11 ($0.14) during trading hours on Thursday, hitting GBX 2,723 ($35.82). The company’s stock had a trading volume of 93,508 shares, compared to its average volume of 390,769. The business’s 50-day moving average is GBX 2,804.84 and its two-hundred day moving average is GBX 2,601.32. The company has a market capitalization of $3.16 billion and a PE ratio of 65.93. The company has a debt-to-equity ratio of 33.78, a quick ratio of 0.99 and a current ratio of 1.55. Spectris has a 52-week low of GBX 2,210 ($29.07) and a 52-week high of GBX 2,984 ($39.25).

Spectris Company Profile

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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Analyst Recommendations for Spectris (LON:SXS)

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