Spectris’ (SXS) Hold Rating Reiterated at Shore Capital

Shore Capital reaffirmed their hold rating on shares of Spectris (LON:SXS) in a research note published on Thursday, Marketbeat Ratings reports.

Several other research analysts have also recently commented on SXS. Stifel Nicolaus cut Spectris to a sell rating and set a GBX 8,500 ($107.51) price target for the company. in a research report on Friday, March 8th. Numis Securities reissued a buy rating and set a GBX 4,435 ($56.10) price target on shares of Spectris in a research report on Thursday, April 11th. Finally, Barclays reissued an overweight rating and set a GBX 4,250 ($53.76) price target on shares of Spectris in a research report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of Hold and a consensus price target of GBX 6,441 ($81.47).

Spectris Stock Up 2.4 %

SXS stock opened at GBX 2,970 ($37.57) on Thursday. The company has a debt-to-equity ratio of 4.76, a current ratio of 1.89 and a quick ratio of 1.03. The stock has a market capitalization of £2.99 billion, a P/E ratio of 2,086.33, a P/E/G ratio of 2.74 and a beta of 0.69. The business has a 50-day moving average of GBX 3,164.18 and a 200-day moving average of GBX 3,374.87. Spectris has a fifty-two week low of GBX 2,728 ($34.51) and a fifty-two week high of GBX 3,861 ($48.84).

Insider Buying and Selling at Spectris

In other Spectris news, insider Alison Henwood acquired 1,053 shares of the company’s stock in a transaction on Friday, May 24th. The shares were purchased at an average price of GBX 3,266 ($41.31) per share, for a total transaction of £34,390.98 ($43,499.85). Insiders have acquired 1,061 shares of company stock worth $3,465,350 over the last 90 days. Company insiders own 1.23% of the company’s stock.

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.