Spectris plc (LON:SXS) has received a consensus rating of “Hold” from the fifteen research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,675.63 ($34.85).
A number of research analysts recently issued reports on the stock. Deutsche Bank reissued a “buy” rating on shares of Spectris in a research note on Tuesday, May 29th. Goldman Sachs Group reissued a “buy” rating on shares of Spectris in a research note on Monday, June 18th. Deutsche Bank reissued a “buy” rating on shares of Spectris in a research note on Tuesday, May 29th. Liberum Capital restated a “hold” rating and issued a GBX 2,800 ($36.47) target price on shares of Spectris in a research report on Friday, May 25th. Finally, Shore Capital restated a “buy” rating and issued a GBX 2,800 ($36.47) target price on shares of Spectris in a research report on Friday, May 25th.
Shares of LON:SXS opened at GBX 2,414 ($31.44) on Wednesday. Spectris has a 1 year low of GBX 2,225 ($28.98) and a 1 year high of GBX 2,869 ($37.37).
The business also recently announced a dividend, which will be paid on Friday, November 9th. Shareholders of record on Thursday, October 11th will be given a GBX 20.50 ($0.27) dividend. The ex-dividend date is Thursday, October 11th. This represents a yield of 0.84%.
In other Spectris news, insider Karim Bitar purchased 650 shares of the business’s stock in a transaction dated Friday, August 17th. The shares were bought at an average price of GBX 2,306 ($30.04) per share, for a total transaction of £14,989 ($19,524.55). Also, insider Ulf Quellmann purchased 388 shares of the business’s stock in a transaction dated Tuesday, August 7th. The shares were acquired at an average price of GBX 2,423 ($31.56) per share, for a total transaction of £9,401.24 ($12,245.98). Insiders acquired 1,044 shares of company stock worth $2,453,118 in the last 90 days.
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.
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