Spectris plc (LON:SXS) Receives GBX 4,707.50 Consensus Target Price from Analysts

Shares of Spectris plc (LON:SXS) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 4,707.50 ($59.28).

A number of research analysts have commented on SXS shares. Shore Capital upgraded shares of Spectris to a “buy” rating in a research note on Monday, September 9th. Bank of America restated a “buy” rating and issued a GBX 2,950 ($37.15) price objective on shares of Spectris in a research note on Monday, September 2nd.

Insider Activity at Spectris

In related news, insider Andrew Heath acquired 2,406 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were purchased at an average price of GBX 2,480 ($31.23) per share, with a total value of £59,668.80 ($75,140.16). Also, insider Mark Williamson acquired 12,116 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were bought at an average cost of GBX 2,476 ($31.18) per share, for a total transaction of £299,992.16 ($377,776.30). Insiders have acquired a total of 14,546 shares of company stock worth $36,029,802 over the last three months. 1.21% of the stock is currently owned by corporate insiders.

Spectris Trading Up 1.9 %

LON SXS opened at GBX 2,522 ($31.76) on Friday. The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The firm has a market cap of £2.49 billion, a PE ratio of 941.04, a P/E/G ratio of 2.74 and a beta of 0.61. Spectris has a one year low of GBX 2,370 ($29.85) and a one year high of GBX 3,861 ($48.62). The firm’s fifty day moving average is GBX 2,596.69 and its two-hundred day moving average is GBX 2,885.01.

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.