Spectris (LON:SXS) Rating Reiterated by Barclays

Spectris (LON:SXS - Get Free Report)'s stock had its "overweight" rating reissued by stock analysts at Barclays in a research note issued on Friday, MarketBeat.com reports. They currently have a GBX 4,250 ($53.39) price target on the stock. Barclays's price objective points to a potential upside of 28.55% from the stock's current price.

Other analysts also recently issued research reports about the stock. Shore Capital downgraded shares of Spectris to a "sell" rating in a research report on Thursday, February 29th. Berenberg Bank dropped their target price on shares of Spectris from GBX 3,780 ($47.48) to GBX 3,520 ($44.22) and set a "hold" rating for the company in a research report on Friday, March 1st. Stifel Nicolaus cut shares of Spectris to a "sell" rating and set a GBX 8,500 ($106.77) price target on the stock. in a research report on Friday, March 8th. Finally, Numis Securities reiterated a "buy" rating and issued a GBX 4,435 ($55.71) price target on shares of Spectris in a research note on Thursday, April 11th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of GBX 6,078.33 ($76.35).

Spectris Stock Up 3.1 %

LON SXS traded up GBX 98 ($1.23) during mid-day trading on Friday, reaching GBX 3,306 ($41.53). 225,569 shares of the company's stock traded hands, compared to its average volume of 235,547. The company has a current ratio of 1.89, a quick ratio of 1.03 and a debt-to-equity ratio of 4.76. Spectris has a 1-year low of GBX 2,917 ($36.64) and a 1-year high of GBX 3,883.85 ($48.79). The company has a fifty day simple moving average of GBX 3,310.33 and a 200-day simple moving average of GBX 3,417.43. The company has a market cap of £3.33 billion, a price-to-earnings ratio of 2,355.71, a P/E/G ratio of 2.74 and a beta of 0.72.

Insider Activity

In other news, insider Derek Harding sold 1,909 shares of Spectris stock in a transaction on Friday, April 5th. The stock was sold at an average price of GBX 3,201 ($40.21), for a total transaction of £61,107.09 ($76,758.06). 1.28% of the stock is owned by insiders.

About Spectris

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.