Goldman Sachs Group restated their sell rating on shares of Spectris (LON:SXS) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Several other research firms also recently issued reports on SXS. Bank of America upgraded Atlas Copco from a neutral rating to a buy rating in a research note on Friday, July 5th. Berenberg Bank restated a buy rating and issued a GBX 250 ($3.27) price target on shares of in a research note on Tuesday, June 18th. Shore Capital downgraded Informa to a hold rating in a research note on Friday, May 24th. Deutsche Bank set a $261.00 price target on Vail Resorts and gave the company a buy rating in a research note on Friday, June 7th. Finally, UBS Group restated a buy rating and issued a GBX 285 ($3.72) price target on shares of in a research note on Friday, June 21st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 2,685.45 ($35.09).
Shares of LON SXS opened at GBX 2,658 ($34.73) on Wednesday. The company has a debt-to-equity ratio of 30.03, a current ratio of 1.60 and a quick ratio of 1.03. Spectris has a 12 month low of GBX 1,924.50 ($25.15) and a 12 month high of GBX 2,932 ($38.31). The business’s 50 day simple moving average is GBX 2,678.66. The company has a market cap of $3.08 billion and a P/E ratio of 16.94.
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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