Spectris (LON:SXS): Numis Reconfirms Hold Rating Today, Has a Target of GBX 1835/Share

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Spectris (LON:SXS) Rating Reaffirmed

Numis now has a GBX 1835 Estimated Target Price on the 2.01B GBP market cap company or 5.16% upside potential. In a comprehensive report announced on Friday morning, Spectris (LON:SXS) shares have had their Hold Rating has decided to reaffirm by stock analysts at Numis.

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 1904.72 with a 10.26% above today’s (GBX 1747) stock price. Spectris PLC was the topic of 47 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on December 1 with “Buy” rating. JP Morgan maintained shares with “Neutral” rating and GBX 1765 target share price in a report from a November 23. N+1 Singer upgraded SXS stock in a recent report from November 26 to “Hold” rating. Investec maintained the rating on November 23. Investec has a “Hold” rating and a GBX 1780 price target on shares. Finally, Deutsche Bank maintained the stock with “Hold” rating in a report issued on a November 25.

Approximately 61,733 shares of stock traded hands. Spectris plc (LON:SXS) has declined 23.59% since May 14, 2015 and is downtrending. It has underperformed by 20.57% the S&P500.

Spectris (LON:SXS): Numis Reconfirms Hold Rating Today, Has a Target of GBX 1835/Share

Spectris plc is a United Kingdom-based firm engaged in making measuring instruments and controls. The company has a market cap of 2.01 billion GBP. The Firm comprises four business divisions: Materials Analysis, Test and Measurement, In-Line Instrumentation and Industrial Controls. It has 16.16 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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