Spectris (LON:SXS) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their hold rating on shares of Spectris (LON:SXS) in a report published on Monday, February 19th. They currently have a GBX 2,585 ($35.71) price objective on the stock.

A number of other brokerages also recently issued reports on SXS. Liberum Capital increased their price target on Spectris from GBX 2,830 ($39.10) to GBX 2,880 ($39.79) and gave the stock a buy rating in a research report on Friday, January 12th. Goldman Sachs Group started coverage on Spectris in a research report on Wednesday, December 13th. They set a buy rating and a GBX 2,900 ($40.07) price target on the stock. Shore Capital reiterated a buy rating on shares of Spectris in a research report on Thursday, December 14th. Numis Securities reiterated a reduce rating and set a GBX 2,100 ($29.01) price target on shares of Spectris in a research report on Wednesday, February 14th. Finally, JPMorgan Chase & Co. increased their target price on Spectris from GBX 2,800 ($38.68) to GBX 2,900 ($40.07) and gave the company an overweight rating in a report on Wednesday, February 7th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 2,805.45 ($38.76).

Spectris (SXS) traded down GBX 3.70 ($0.05) during trading on Monday, reaching GBX 2,685.30 ($37.10). The company’s stock had a trading volume of 332,930 shares, compared to its average volume of 384,928. The stock has a market cap of $3,200.00 and a P/E ratio of 1,322.81. Spectris has a twelve month low of GBX 2,225 ($30.74) and a twelve month high of GBX 2,869 ($39.64).

Spectris (LON:SXS) last issued its earnings results on Monday, February 19th. The company reported GBX 145.10 ($2.00) EPS for the quarter, topping analysts’ consensus estimates of GBX 133.40 ($1.84) by GBX 11.70 ($0.16). Spectris had a return on equity of 37.36% and a net margin of 25.86%. The firm had revenue of GBX 152.56 billion for the quarter.

The firm also recently disclosed a dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 24th will be given a GBX 37.50 ($0.52) dividend. This represents a yield of 1.36%. This is a positive change from Spectris’s previous dividend of $19.00. The ex-dividend date of this dividend is Thursday, May 24th.

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Spectris Company Profile

Spectris plc is a supplier of productivity-enhancing instruments and controls. It operates through four segments: Materials Analysis, Test and Measurement, In-Line Instrumentation and Industrial Controls. The Materials Analysis segment provides products and services that determine structure, composition, quantity and quality of particles and materials, during research and product development processes.

Analyst Recommendations for Spectris (LON:SXS)

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