Spectris’ (SXS) “Sell” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their sell rating on shares of Spectris (LON:SXS) in a research report released on Monday morning, Digital Look reports. The brokerage currently has a GBX 2,065 ($26.98) target price on the stock.

Other equities analysts also recently issued reports about the stock. UBS Group reaffirmed a sell rating on shares of Spectris in a research note on Friday, October 11th. Peel Hunt reiterated an add rating on shares of Spectris in a research report on Tuesday, November 19th. Shore Capital reiterated a hold rating on shares of Spectris in a research report on Tuesday, November 19th. Jefferies Financial Group boosted their price target on shares of Spectris from GBX 2,935 ($38.35) to GBX 3,110 ($40.64) and gave the company a buy rating in a research report on Friday, November 22nd. Finally, Goldman Sachs Group reiterated a sell rating on shares of Spectris in a research report on Friday, October 11th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. Spectris currently has an average rating of Hold and an average target price of GBX 2,643.64 ($34.54).

Shares of LON:SXS opened at GBX 2,733 ($35.71) on Monday. The company has a market cap of $3.17 billion and a price-to-earnings ratio of 66.17. The company has a 50-day moving average price of GBX 2,575.72 and a 200-day moving average price of GBX 2,541.68. The company has a current ratio of 1.55, a quick ratio of 0.99 and a debt-to-equity ratio of 33.78. Spectris has a 12 month low of GBX 2,143 ($28.00) and a 12 month 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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