Spectris’ (SXS) “Buy” Rating Reaffirmed at Deutsche Bank

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Spectris (LON:SXS)‘s stock had its “buy” rating reissued by Deutsche Bank in a report released on Friday, ThisIsMoney.Co.Uk reports.

Several other research firms also recently weighed in on SXS. UBS Group reissued a “buy” rating and issued a GBX 285 ($3.72) target price on shares of in a research report on Friday, June 21st. Berenberg Bank reissued a “buy” rating and issued a GBX 250 ($3.27) target price on shares of in a research report on Tuesday, June 18th. Numis Securities reissued a “buy” rating on shares of 3i Group in a research report on Thursday, May 16th. Bank of America raised shares of Atlas Copco from a “neutral” rating to a “buy” rating in a research report on Friday, July 5th. Finally, Morgan Stanley boosted their price objective on shares of Visa from $175.00 to $191.00 and gave the company an “overweight” rating in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 2,685.45 ($35.09).

Spectris stock opened at GBX 2,658 ($34.73) on Friday. The stock has a 50 day moving average price of GBX 2,678.66. The stock has a market capitalization of $3.08 billion and a P/E ratio of 16.94. The company has a debt-to-equity ratio of 30.03, a quick ratio of 1.03 and a current ratio of 1.60. Spectris has a fifty-two week low of GBX 1,924.50 ($25.15) and a fifty-two week high of GBX 2,932 ($38.31).

About Spectris

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.

See Also: Derivative

Analyst Recommendations for Spectris (LON:SXS)

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