Spectris (LON:SXS) had its price objective upped by Goldman Sachs Group from GBX 2,050 ($26.97) to GBX 2,140 ($28.15) in a research note released on Monday, Stock Target Advisor reports. The brokerage currently has a sell rating on the stock.

Several other research firms have also recently commented on SXS. Bank of America cut shares of Spectris to an underperform rating and decreased their price target for the company from GBX 2,760 ($36.31) to GBX 2,750 ($36.17) in a research note on Wednesday, January 8th. Jefferies Financial Group increased their price target on shares of Spectris from GBX 2,935 ($38.61) to GBX 3,110 ($40.91) and gave the company a buy rating in a research note on Friday, November 22nd. JPMorgan Chase & Co. cut shares of Spectris to a neutral rating in a research note on Monday, December 9th. Peel Hunt reaffirmed an add rating on shares of Spectris in a research note on Tuesday, November 19th. Finally, Morgan Stanley cut shares of Spectris to an underweight rating and reduced their price objective for the company from GBX 2,670 ($35.12) to GBX 2,500 ($32.89) in a research note on Friday. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 2,633.64 ($34.64).

Shares of SXS traded down GBX 18 ($0.24) during mid-day trading on Monday, hitting GBX 2,812 ($36.99). 81,045 shares of the company traded hands, compared to its average volume of 390,769. Spectris has a one year low of GBX 2,210 ($29.07) and a one year high of GBX 2,984 ($39.25). The company has a current ratio of 1.55, a quick ratio of 0.99 and a debt-to-equity ratio of 33.78. The business has a 50-day moving average of GBX 2,865.12 and a 200 day moving average of GBX 2,600.64. The stock has a market capitalization of $3.26 billion and a price-to-earnings ratio of 68.09.

About Spectris

Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through four segments: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. The Materials Analysis segment provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process.

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Analyst Recommendations for Spectris (LON:SXS)

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