Spectris plc (LON:SXS) Given Consensus Rating of “Hold” by Analysts

Spectris plc (LON:SXS) has received a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 6,065.83 ($78.45).

A number of brokerages have issued reports on SXS. Numis Securities reissued a “buy” rating and set a GBX 4,435 ($57.36) target price on shares of Spectris in a research note on Thursday, April 11th. Jefferies Financial Group reduced their price objective on shares of Spectris from GBX 4,435 ($57.36) to GBX 4,190 ($54.19) and set a “buy” rating for the company in a research note on Friday, July 12th. Shore Capital reaffirmed a “hold” rating on shares of Spectris in a research note on Tuesday, July 16th. Finally, Barclays reaffirmed an “overweight” rating and issued a GBX 4,250 ($54.97) price objective on shares of Spectris in a research note on Friday, May 3rd.

Insiders Place Their Bets

In related news, insider Alison Henwood acquired 1,053 shares of the company’s stock in a transaction dated Friday, May 24th. The shares were bought at an average price of GBX 3,266 ($42.24) per share, for a total transaction of £34,390.98 ($44,478.76). Insiders bought a total of 1,061 shares of company stock valued at $3,465,350 in the last quarter. Insiders own 1.23% of the company’s stock.

Spectris Trading Down 0.7 %

Shares of LON:SXS opened at GBX 3,076 ($39.78) on Friday. The firm has a fifty day moving average of GBX 3,089.44 and a two-hundred day moving average of GBX 3,302.88. The firm has a market capitalization of £3.10 billion, a P/E ratio of 2,228.78, a price-to-earnings-growth ratio of 2.74 and a beta of 0.69. Spectris has a 12-month low of GBX 2,728 ($35.28) and a 12-month high of GBX 3,861 ($49.94). The company has a quick ratio of 1.03, a current ratio of 1.89 and a debt-to-equity ratio of 4.76.

About Spectris

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.