Deutsche Bank Aktiengesellschaft Raises Spectris (LON:SXS) Price Target to GBX 4,147

Key Points

• Deutsche Bank Aktiengesellschaft raised its price target for Spectris from GBX 3,763 to GBX 4,147, indicating a potential upside of 1.39% based on the current stock price.
• Shore Capital has maintained a "buy" rating on Spectris stock, contributing to its consensus rating of "Moderate Buy" among analysts.
• Spectris reported earnings of GBX 38.40 per share in its last quarter, with expectations to post approximately GBX 194.80 earnings per share for the current fiscal year.

Spectris (LON:SXS - Get Free Report) had its price target raised by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 3,763 to GBX 4,147 in a research note issued to investors on Friday,London Stock Exchange reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 1.39% from the stock's current price.

Separately, Shore Capital restated a "buy" rating on shares of Spectris in a research note on Wednesday, July 2nd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 3,573.50.

Spectris Price Performance

Shares of LON SXS opened at GBX 4,090 on Friday. Spectris has a fifty-two week low of GBX 1,877 and a fifty-two week high of GBX 4,170. The business has a 50 day moving average price of GBX 4,017.02 and a two-hundred day moving average price of GBX 2,986.58. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. The firm has a market cap of £4.06 billion, a PE ratio of 7,100.69, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Spectris (LON:SXS - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported GBX 38.40 earnings per share (EPS) for the quarter. Spectris had a return on equity of 20.13% and a net margin of 20.44%. Sell-side analysts expect that Spectris will post 194.7972456 earnings per share for the current fiscal year.

About Spectris

The experts in providing insight through precision measurement. Our purpose is to deliver value beyond measure – going beyond just the measurement. Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software. Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently. This equips them with the ability to reduce time to market, improve processes, quality and yield.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.