Zacks Investment Research Upgrades Spectris (SEPJY) to “Hold”

Spectris (OTCMKTS:SEPJY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday.

According to Zacks, “Spectris Plc manufactures, develops and supplies industrial automation equipment. The company comprises Materials Analysis segment, Test & Measurement segment, In-Line Instrumentation segment and Industrial Controls segment. The Materials Analysis segment provides products to determine structure, composition, quantity and quality of particles and materials. The Test and Measurement segment supplies test, measurement and analysis equipment and software for product design, manufacturing control and environmental monitoring systems. The In-line Instrumentation segment provides process analytical measurement, asset monitoring and on-line controls for both primary processing and the converting industries. The Industrial Controls segment provides products and solutions which monitor, control, inform, track and trace during the production process. Spectris Plc is headquartered in Egham, the United Kingdom. “

A number of other brokerages have also weighed in on SEPJY. Goldman Sachs Group started coverage on shares of Spectris in a report on Tuesday, December 12th. They issued a “buy” rating for the company. ValuEngine raised shares of Spectris from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st.

Spectris (OTCMKTS:SEPJY) opened at $18.09 on Tuesday. Spectris has a 1-year low of $16.60 and a 1-year high of $18.09. The company has a current ratio of 1.57, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

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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.

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