Spectris plc (LON:SXS) Receives Consensus Rating of “Buy” from Analysts

Shares of Spectris plc (LON:SXSGet Free Report) have been given a consensus rating of “Buy” by the six analysts that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 3,765 ($48.77).

A number of equities research analysts recently weighed in on SXS shares. Shore Capital restated a “buy” rating on shares of Spectris in a research note on Thursday, January 23rd. Berenberg Bank dropped their price target on Spectris from GBX 3,180 ($41.19) to GBX 3,000 ($38.86) and set a “buy” rating on the stock in a research note on Monday.

Check Out Our Latest Stock Analysis on SXS

Spectris Price Performance

Shares of SXS opened at GBX 2,540 ($32.90) on Friday. The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The stock has a 50 day simple moving average of GBX 2,798.66 and a 200 day simple moving average of GBX 2,677.74. Spectris has a 52-week low of GBX 2,370 ($30.70) and a 52-week high of GBX 3,430 ($44.43). The firm has a market capitalization of £2.53 billion, a PE ratio of 9.41, a P/E/G ratio of 2.74 and a beta of 0.61.

Spectris (LON:SXSGet Free Report) last released its quarterly earnings results on Friday, February 28th. The company reported GBX 148.10 ($1.92) earnings per share for the quarter. Spectris had a return on equity of 20.13% and a net margin of 20.44%. Sell-side analysts predict that Spectris will post 194.7972456 EPS for the current fiscal year.

Spectris Company Profile

(Get Free Report

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.

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Analyst Recommendations for Spectris (LON:SXS)

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