Morgan Stanley Downgrades Spectris (LON:SXS) to Equal weight

Spectris (LON:SXS) was downgraded by analysts at Morgan Stanley to an “equal weight” rating in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also commented on the company. Shore Capital lowered Informa to a “hold” rating in a report on Friday, May 24th. Goldman Sachs Group lowered EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a report on Wednesday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 250 ($3.27) target price on shares of in a report on Tuesday, June 18th. Deutsche Bank set a $261.00 target price on Vail Resorts and gave the company a “buy” rating in a report on Friday, June 7th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Lookers in a report on Monday, July 8th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 2,685.45 ($35.09).

Shares of SXS opened at GBX 2,658 ($34.73) on Thursday. The company has a debt-to-equity ratio of 30.03, a current ratio of 1.60 and a quick ratio of 1.03. The business’s 50 day moving average is GBX 2,678.66. The company has a market cap of $3.08 billion and a price-to-earnings ratio of 16.94. Spectris has a 52 week low of GBX 1,924.50 ($25.15) and a 52 week high of GBX 2,932 ($38.31).

About Spectris

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.

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Analyst Recommendations for Spectris (LON:SXS)

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