Spectris (LON:SXS)‘s stock had its “outperform” rating reissued by equities researchers at BNP Paribas in a research report issued on Thursday.
Other equities research analysts also recently issued research reports about the company. Liberum Capital restated a “buy” rating and set a GBX 2,880 ($40.43) price objective on shares of Spectris in a report on Friday, January 26th. Shore Capital restated a “buy” rating on shares of Spectris in a report on Friday, January 26th. Goldman Sachs initiated coverage on Spectris in a research report on Wednesday, December 13th. They set a “buy” rating and a GBX 2,900 ($40.71) target price on the stock. Jefferies Group reaffirmed a “buy” rating and set a GBX 3,175 ($44.57) target price on shares of Spectris in a research report on Thursday, February 22nd. Finally, Deutsche Bank lifted their target price on Spectris from GBX 2,860 ($40.15) to GBX 2,960 ($41.55) and gave the company a “buy” rating in a research report on Monday, February 26th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 2,809.17 ($39.43).
LON SXS opened at GBX 2,649 ($37.18) on Thursday. Spectris has a 52 week low of GBX 2,225 ($31.23) and a 52 week high of GBX 2,869 ($40.27).
In related news, insider John O’Higgins sold 2,837 shares of Spectris stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of GBX 2,701 ($37.91), for a total transaction of £76,627.37 ($107,562.28).
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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