Insider Buying: Spectris plc (LON:SXS) Insider Purchases 12,116 Shares of Stock

Spectris plc (LON:SXS - Get Free Report) insider Mark Williamson purchased 12,116 shares of Spectris stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average cost of GBX 2,476 ($32.23) per share, with a total value of £299,992.16 ($390,513.10).

Spectris Stock Performance

LON SXS traded up GBX 100 ($1.30) during trading hours on Wednesday, hitting GBX 2,556 ($33.27). 292,963 shares of the stock were exchanged, compared to its average volume of 491,535. The company has a market cap of £2.53 billion, a price-to-earnings ratio of 954.48, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. Spectris plc has a 12-month low of GBX 2,370 ($30.85) and a 12-month high of GBX 3,861 ($50.26). The stock has a 50-day moving average of GBX 2,677.65 and a 200 day moving average of GBX 2,944.58. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37.

Analyst Ratings Changes

SXS has been the subject of a number of research reports. Shore Capital raised shares of Spectris to a "buy" rating in a research report on Monday, September 9th. Jefferies Financial Group dropped their price objective on shares of Spectris from GBX 4,435 ($57.73) to GBX 4,190 ($54.54) and set a "buy" rating on the stock in a research note on Friday, July 12th. Bank of America restated a "buy" rating and issued a GBX 2,950 ($38.40) price objective on shares of Spectris in a research note on Monday, September 2nd. Finally, Berenberg Bank raised shares of Spectris to a "buy" rating and increased their price target for the stock from GBX 3,520 ($45.82) to GBX 3,920 ($51.03) in a report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 4,707.50 ($61.28).

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.