Spectris (LON:SXS – Get Free Report)‘s stock had its “overweight” rating reissued by investment analysts at Barclays in a research report issued to clients and investors on Friday, Marketbeat reports. They currently have a GBX 4,250 ($53.39) target price on the stock. Barclays‘s price target points to a potential upside of 28.55% from the company’s current price.
Several other research firms also recently weighed in on SXS. Shore Capital downgraded Spectris to a “sell” rating in a research report on Thursday, February 29th. Berenberg Bank decreased their price objective on Spectris from GBX 3,780 ($47.48) to GBX 3,520 ($44.22) and set a “hold” rating on the stock in a report on Friday, March 1st. Numis Securities reaffirmed a “buy” rating and set a GBX 4,435 ($55.71) target price on shares of Spectris in a report on Thursday, April 11th. Finally, Stifel Nicolaus downgraded shares of Spectris to a “sell” rating and set a GBX 8,500 ($106.77) price target on the stock. in a research note on Friday, March 8th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of GBX 6,078.33 ($76.35).
Read Our Latest Analysis on Spectris
Spectris Stock Up 3.1 %
Insider Activity
In other Spectris news, insider Derek Harding sold 1,909 shares of the business’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of GBX 3,201 ($40.21), for a total value of £61,107.09 ($76,758.06). Corporate insiders own 1.28% of the company’s stock.
Spectris Company Profile
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.
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