Spectris plc (SXS.L) (LON:SXS) Receives Average Recommendation of “Hold” from Brokerages

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Shares of Spectris plc (SXS.L) (LON:SXS) have been assigned an average rating of “Hold” from the eleven ratings firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 2,509.29 ($32.78).

Separately, Shore Capital reaffirmed a “sell” rating on shares of Spectris plc (SXS.L) in a report on Wednesday.

SXS stock traded down GBX 58 ($0.76) during midday trading on Wednesday, hitting GBX 2,951 ($38.56). 368,678 shares of the stock were exchanged, compared to its average volume of 250,234. The stock’s 50-day moving average price is GBX 2,841.28 and its 200-day moving average price is GBX 2,632.94. The stock has a market cap of £3.43 billion and a price-to-earnings ratio of 15.88. Spectris plc has a fifty-two week low of GBX 2,058 ($26.89) and a fifty-two week high of GBX 3,154 ($41.21). The company has a debt-to-equity ratio of 19.23, a quick ratio of 1.31 and a current ratio of 1.80.

Spectris plc (SXS.L) Company Profile

Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through four segments: Malvern Panalytical, HBK, and Omega, and Industrial Solutions. The company provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and product development processes, when assessing materials before production, or during the manufacturing process; various range of life science services; products for measurement and control of temperature, humidity, pressure, strain, force, flow, level, pH, and conductivity; and data acquisition, electric heating, and custom-engineered products.

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Analyst Recommendations for Spectris plc (SXS.L) (LON:SXS)

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