Spectris plc (LON:SXS) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Spectris plc (LON:SXS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the seven research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 4,707.50 ($59.27).

Several analysts recently commented on SXS shares. Shore Capital raised shares of Spectris to a "buy" rating in a research note on Monday, September 9th. Bank of America restated a "buy" rating and issued a GBX 2,950 ($37.14) price target on shares of Spectris in a research report on Monday, September 2nd.

Insider Buying and Selling at Spectris

In other Spectris news, insider Andrew Heath purchased 2,406 shares of the company's stock in a transaction dated Thursday, November 14th. The shares were bought at an average price of GBX 2,480 ($31.22) per share, for a total transaction of £59,668.80 ($75,121.24). Also, insider Alison Henwood purchased 19 shares of the company's stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average price of GBX 2,599 ($32.72) per share, for a total transaction of £493.81 ($621.69). In the last quarter, insiders have purchased 14,546 shares of company stock worth $36,029,802. 1.21% of the stock is currently owned by company insiders.

Spectris Price Performance

Shares of LON:SXS traded up GBX 46 ($0.58) during trading on Friday, reaching GBX 2,522 ($31.75). The company had a trading volume of 144,786 shares, compared to its average volume of 481,643. The firm's fifty day moving average is GBX 2,602.37 and its 200 day moving average is GBX 2,890.49. The firm has a market capitalization of £2.49 billion, a PE ratio of 932.09, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. Spectris has a twelve month low of GBX 2,370 ($29.84) and a twelve month high of GBX 3,861 ($48.61). The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36.

About Spectris

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.