Spectris plc (OTCMKTS:SEPJF – Get Rating) was up 5% during trading on Friday . The stock traded as high as $47.59 and last traded at $47.59. Approximately 218 shares traded hands during trading, a decline of 54% from the average daily volume of 472 shares. The stock had previously closed at $45.31.
Wall Street Analyst Weigh In
SEPJF has been the topic of several recent research reports. Berenberg Bank downgraded Spectris from a “buy” rating to a “hold” rating in a report on Monday, February 20th. Barclays raised their price objective on Spectris from GBX 3,650 ($45.72) to GBX 4,250 ($53.24) in a report on Friday, April 28th. Finally, JPMorgan Chase & Co. raised their price objective on Spectris from GBX 3,100 ($38.83) to GBX 3,300 ($41.34) in a report on Friday, February 24th.
Spectris Trading Up 5.0 %
The firm has a 50-day simple moving average of $45.34 and a 200-day simple moving average of $40.80.
Spectris Company Profile
Spectris Plc is a holding company, which engages in the manufacture, development, and supply of measuring instruments and controls. It operates through the following segments: The Malvern Panalytical platform, The HBK platform, The Omega platform, and The Industrial Solutions Division. The Malvern Panalytical platform provides products and services that enable customers to determine structure, composition, and quantity and quality of particles and materials during their research and product development processes, when assessing materials before production or during the manufacturing process.
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