Spectris’ (SXS) “Buy” Rating Reiterated at Shore Capital

Spectris (LON:SXSGet Free Report)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a research note issued on Thursday, MarketBeat reports.

Spectris Price Performance

Shares of LON SXS opened at GBX 2,950 ($36.83) on Thursday. The company has a market cap of £2.92 billion, a PE ratio of 1,100.75, 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. Spectris has a 1-year low of GBX 2,370 ($29.59) and a 1-year high of GBX 3,803 ($47.48). The stock has a fifty day moving average price of GBX 2,552.34 and a 200 day moving average price of GBX 2,704.91.

Insiders Place Their Bets

In other news, insider Mark Williamson acquired 12,116 shares of Spectris stock in a transaction that occurred on Tuesday, November 5th. The stock was purchased at an average cost of GBX 2,476 ($30.92) per share, with a total value of £299,992.16 ($374,568.81). Also, insider Alison Henwood acquired 19 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was acquired at an average price of GBX 2,599 ($32.45) per share, for a total transaction of £493.81 ($616.57). In the last 90 days, insiders have acquired 14,553 shares of company stock worth $36,045,861. Company insiders own 1.21% of the company’s stock.

Spectris Company Profile

(Get Free Report)

The experts in providing insight through precision measurement.

Our purpose is to deliver value beyond measure – going beyond just the measurement.

Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.

Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.

This equips them with the ability to reduce time to market, improve processes, quality and yield.

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Analyst Recommendations for Spectris (LON:SXS)

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