Spectris plc (SXS) Downgraded to “Neutral” at BNP Paribas

BNP Paribas downgraded shares of Spectris plc (LON:SXS) to a neutral rating in a research report report published on Friday. BNP Paribas currently has GBX 2,430 ($30.27) price objective on the stock.

SXS has been the topic of a number of other research reports. Deutsche Bank AG increased their price objective on Spectris plc from GBX 2,184 ($27.20) to GBX 2,795 ($34.82) and gave the stock a buy rating in a report on Wednesday, January 18th. HSBC Holdings plc reissued a reduce rating and set a GBX 1,700 ($21.18) price objective on shares of Spectris plc in a report on Monday, December 5th. J P Morgan Chase & Co increased their price objective on Spectris plc from GBX 1,968 ($24.51) to GBX 2,025 ($25.22) and gave the stock a neutral rating in a report on Monday, January 9th. Barclays PLC reissued an overweight rating and set a GBX 2,550 ($31.76) price objective on shares of Spectris plc in a report on Wednesday, November 23rd. Finally, Numis Securities Ltd cut Spectris plc to a reduce rating and set a GBX 1,835 ($22.86) price objective on the stock. in a report on Wednesday, November 23rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. Spectris plc currently has a consensus rating of Hold and an average target price of GBX 2,196.54 ($27.36).

Analyst Recommendations for Spectris plc (LON:SXS)

Spectris plc (LON:SXS) opened at 2419.00 on Friday. Spectris plc has a 1-year low of GBX 1,443.00 and a 1-year high of GBX 2,517.00. The company has a 50 day moving average of GBX 2,382.41 and a 200 day moving average of GBX 2,125.10. The company’s market capitalization is GBX 2.88 billion.

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Spectris plc 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.

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