UBS Group reaffirmed their sell rating on shares of Spectris (LON:SXS) in a report issued on Tuesday, Stock Target Advisor reports.
A number of other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. lowered shares of Spectris to a neutral rating in a report on Monday. Peel Hunt reissued an add rating on shares of Spectris in a report on Tuesday, November 19th. Goldman Sachs Group restated a sell rating on shares of Spectris in a research note on Friday, October 11th. Jefferies Financial Group upped their price target on Spectris from GBX 2,935 ($38.61) to GBX 3,110 ($40.91) and gave the company a buy rating in a report on Friday, November 22nd. Finally, Morgan Stanley reaffirmed an equal weight rating on shares of Spectris in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 2,628 ($34.57).
Shares of SXS stock opened at GBX 2,737 ($36.00) on Tuesday. Spectris has a one year low of GBX 2,143 ($28.19) and a one year high of GBX 2,932 ($38.57). The company’s 50-day moving average is GBX 2,633.74 and its 200 day moving average is GBX 2,548.08. The company has a market capitalization of $3.22 billion and a price-to-earnings ratio of 66.27. The company has a debt-to-equity ratio of 33.78, a quick ratio of 0.99 and a current ratio of 1.55.
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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