Spectris Rating Reiterated by Jefferies Group (SXS)

Spectris (LON:SXS)‘s stock had its “hold” rating reaffirmed by Jefferies Group in a research note issued on Monday, Analyst Ratings.Net reports.

Shares of Spectris (LON:SXS) traded up 1.29% during mid-day trading on Monday, hitting GBX 2270.00. Spectris has a one year low of GBX 1543.00 and a one year high of GBX 2509.00. The stock’s 50-day moving average is currently GBX 1763.. The company’s market cap is £2.690 billion.

SXS has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “buy” rating on shares of Spectris in a research note to investors on Friday, July 26th. They now have a GBX 2,500 ($38.78) price target on the stock, up previously from GBX 2,330 ($36.15). Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Spectris in a research note to investors on Friday, July 26th. They now have a GBX 2,455 ($38.09) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Spectris in a research note to investors on Friday, July 26th. They now have a GBX 2,300 ($35.68) price target on the stock.

One research analyst has rated the stock with a sell rating, five have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 2,098.12 ($32.55).

Spectris plc designs, develops and markets instrumentation and controls. It operates in four segments: Materials Analysis provides a range of analytical instrumentation to the metals and mining, pharmaceutical and chemicals, and electronics industries, and also to academic and research institutions; Test and Measurement supplies test, measurement and analysis equipment and software for product design optimization, manufacturing control and environmental monitoring systems; In-line Instrumentation provides process analytical measurement, asset monitoring and on-line controls for both primary processing and the converting industries, and Industrial Controls supplies process measurement, monitoring and control instrumentation and networking products for manufacturing industries.