Spectris plc (LON:SXS) Insider Andrew Heath Buys 2,406 Shares of Stock

Spectris plc (LON:SXS) insider Andrew Heath bought 2,406 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were acquired at an average price of GBX 2,480 ($31.25) per share, for a total transaction of £59,668.80 ($75,196.98).

Spectris Trading Up 0.2 %

LON SXS opened at GBX 2,542 ($32.04) on Friday. The stock has a 50 day moving average of GBX 2,626.52 and a 200-day moving average of GBX 2,914.96. Spectris plc has a 12 month low of GBX 2,370 ($29.87) and a 12 month high of GBX 3,861 ($48.66). The company has a market cap of £2.51 billion, a PE ratio of 950.60, a PEG ratio of 2.74 and a beta of 0.61. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37.

Analyst Ratings Changes

A number of research firms have issued reports on SXS. Bank of America restated a “buy” rating and set a GBX 2,950 ($37.18) target price on shares of Spectris in a research report on Monday, September 2nd. Berenberg Bank upgraded shares of Spectris to a “buy” rating and upped their target price for the company from GBX 3,520 ($44.36) to GBX 3,920 ($49.40) in a research report on Wednesday, July 24th. Finally, Shore Capital upgraded shares of Spectris to a “buy” rating in a research report on Monday, September 9th. One analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to MarketBeat.com, Spectris presently has an average rating of “Moderate Buy” and a consensus price target of GBX 4,707.50 ($59.33).

Spectris Company Profile

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.