Spectris plc (LON:SXS) Insider Acquires £59,668.80 in Stock

Spectris plc (LON:SXS) insider Andrew Heath acquired 2,406 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were bought at an average cost of GBX 2,480 ($31.25) per share, with a total value of £59,668.80 ($75,196.98).

Spectris Stock Up 0.4 %

Shares of LON:SXS opened at GBX 2,547.60 ($32.11) on Monday. The business’s 50-day moving average is GBX 2,626.52 and its 200-day moving average is GBX 2,912.10. Spectris plc has a 1 year low of GBX 2,370 ($29.87) and a 1 year high of GBX 3,861 ($48.66). The company has a market capitalization of £2.52 billion, a price-to-earnings ratio of 948.51, a P/E/G ratio of 2.74 and a beta of 0.61. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03.

Analyst Ratings Changes

Several analysts recently commented on SXS shares. Bank of America reaffirmed a “buy” rating and set a GBX 2,950 ($37.18) price objective on shares of Spectris in a research note on Monday, September 2nd. Shore Capital raised Spectris to a “buy” rating in a research report on Monday, September 9th. Finally, Berenberg Bank upgraded Spectris to a “buy” rating and boosted their price objective for the company from GBX 3,520 ($44.36) to GBX 3,920 ($49.40) in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 4,707.50 ($59.33).

Spectris Company Profile

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.