Spectris plc (LON:SXS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Spectris plc (LON:SXS) have received an average rating of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 4,707.50 ($57.95).

Separately, Shore Capital restated a “buy” rating on shares of Spectris in a research report on Thursday.

Insider Activity

In other news, insider Alison Henwood acquired 19 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was bought at an average cost of GBX 2,599 ($32.00) per share, for a total transaction of £493.81 ($607.92). Also, insider Mark Williamson bought 12,116 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were bought at an average cost of GBX 2,476 ($30.48) per share, for a total transaction of £299,992.16 ($369,312.03). In the last 90 days, insiders purchased 14,553 shares of company stock valued at $36,045,861. 1.21% of the stock is owned by insiders.

Spectris Stock Performance

LON SXS opened at GBX 2,969.16 ($36.55) on Thursday. The stock has a market cap of £2.93 billion, a PE ratio of 1,107.90, a P/E/G ratio of 2.74 and a beta of 0.61. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37. Spectris has a twelve month low of GBX 2,370 ($29.18) and a twelve month high of GBX 3,803 ($46.82). The stock has a fifty day simple moving average of GBX 2,535.95 and a 200-day simple moving average of GBX 2,701.42.

About Spectris

The experts in providing insight through precision measurement.

Our purpose is to deliver value beyond measure – going beyond just the measurement.

Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.

Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.

This equips them with the ability to reduce time to market, improve processes, quality and yield.