Spectris plc (LON:SXS) Given Average Recommendation of “Moderate Buy” by Analysts

Spectris plc (LON:SXS) has been given an average recommendation of “Moderate Buy” by the seven research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have assigned 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 4,707.50 ($58.61).

Separately, Shore Capital restated a “buy” rating on shares of Spectris in a report on Thursday, January 23rd.

Spectris Stock Down 1.2 %

SXS opened at GBX 2,929.46 ($36.47) on Thursday. The business has a 50 day moving average price of GBX 2,577.37 and a 200 day moving average price of GBX 2,700.35. Spectris has a twelve month low of GBX 2,370 ($29.51) and a twelve month high of GBX 3,803 ($47.35). The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The firm has a market cap of £2.90 billion, a P/E ratio of 1,093.08, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Insider Transactions at Spectris

In other Spectris news, insider Mark Williamson purchased 12,116 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of GBX 2,476 ($30.83) per share, for a total transaction of £299,992.16 ($373,496.22). Also, insider Andrew Heath acquired 2,406 shares of the stock in a transaction dated Thursday, November 14th. The shares were purchased at an average price of GBX 2,480 ($30.88) per share, for a total transaction of £59,668.80 ($74,288.84). Insiders acquired a total of 14,553 shares of company stock worth $36,045,861 over the last three months. 1.21% of the stock is currently owned by insiders.

About Spectris

The experts in providing insight through precision measurement.

Our purpose is to deliver value beyond measure – going beyond just the measurement.

Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.

Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.

This equips them with the ability to reduce time to market, improve processes, quality and yield.