Spectris plc (LON:SXS) has been assigned a consensus rating of “Hold” from the fourteen analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 2,578 ($33.69).
Several research firms have recently commented on SXS. Shore Capital reissued a “hold” rating on shares of Spectris in a research report on Thursday, September 19th. Peel Hunt restated an “add” rating on shares of Spectris in a report on Monday, July 29th. Deutsche Bank restated a “buy” rating on shares of Spectris in a report on Friday, July 12th. Bank of America upgraded shares of Spectris to a “neutral” rating and cut their price target for the stock from GBX 2,600 ($33.97) to GBX 2,500 ($32.67) in a report on Friday, October 11th. Finally, Morgan Stanley cut shares of Spectris to an “equal weight” rating in a report on Thursday, July 11th.
Shares of LON:SXS traded down GBX 6 ($0.08) during midday trading on Thursday, hitting GBX 2,269 ($29.65). 311,557 shares of the company’s stock were exchanged, compared to its average volume of 390,769. The company has a debt-to-equity ratio of 33.78, a current ratio of 1.55 and a quick ratio of 0.99. The stock has a 50 day moving average price of GBX 2,383.48 and a 200-day moving average price of GBX 2,564.86. The company has a market cap of $2.63 billion and a PE ratio of 54.94. Spectris has a 12 month low of GBX 1,924.50 ($25.15) and a 12 month high of GBX 2,932 ($38.31).
The company also recently declared a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be issued a dividend of GBX 21.90 ($0.29) per share. This represents a yield of 0.82%. The ex-dividend date of this dividend is Thursday, October 10th. Spectris’s dividend payout ratio (DPR) is presently 1.50%.
Spectris Company Profile
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.
Recommended Story: Does the Step Transaction Doctrine Affect a Backdoor Roth IRA?
Receive News & Ratings for Spectris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectris and related companies with MarketBeat.com's FREE daily email newsletter.