Analysts at HSBC Have Maintained their Past ‘”Buy”’ rating on Shares Spectris (LON:SXS), Set a GBX 2000.00 Target Price

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Spectris (LON:SXS) Rating Reaffirmed

Spectris (LON:SXS) just had their share rating of a ‘”Buy”‘ issued by research analysts at HSBC, who now has a GBX 2000.00 TP on the 2.05 billion GBP market cap company or a 13.77% upside potential. This key information was announced to investors in a recent research report on Tuesday, 1 December.

From a total of 18 analysts covering Spectris PLC (LON:SXS) stock, 10 rate it a ”Buy”, 3 a “Sell”, and 5 a ”Hold”. This means that 56% of the ratings are positive. The highest target price is GBX 2535 while the lowest target price is GBX 1550. The mean of all analyst targets is GBX 1895.83 with a 10.24% above today’s (GBX 1758) stock price. Spectris PLC was the topic of 46 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Peel Hunt downgraded shares on November 27 to “Reduce” rating. JP Morgan maintained shares with “Neutral” rating and GBX 1765 target share price in a report from a November 23. Credit Suisse maintained SXS stock in a recent report from November 25 with “Outperform” rating. Numis Securities maintained the rating on November 23. Numis Securities has a “Hold” rating and a GBX 1835 price target on shares. Finally, Investec maintained the stock with “Hold” rating in a report issued on a November 23.

The stock decreased 1.18% or GBX 21 on December 1, striking GBX 1758. Approximately 173,030 shares of stock traded hands. Spectris plc (LON:SXS) has declined 17.98% since May 4, 2015 and is downtrending. It has underperformed by 16.36% the S&P500.

Analysts at HSBC Have Maintained their Past ‘

Spectris plc is a United Kingdom-based firm engaged in making measuring instruments and controls. The company has a market cap of 2.05 billion GBP. The Firm comprises four business divisions: Materials Analysis, Test and Measurement, In-Line Instrumentation and Industrial Controls. It has 16.26 P/E ratio. Materials Analysis provides services and products that determine structure, composition, quantity and quality of particles and materials, during research and product development processes.

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