Andrew Heath Purchases 2,406 Shares of Spectris plc (LON:SXS) Stock

Spectris plc (LON:SXS) insider Andrew Heath acquired 2,406 shares of the business’s stock in a transaction on Thursday, November 14th. The stock was acquired at an average price of GBX 2,480 ($31.91) per share, for a total transaction of £59,668.80 ($76,783.94).

Spectris Stock Up 0.4 %

Spectris stock opened at GBX 2,548 ($32.79) on Friday. Spectris plc has a 12 month low of GBX 2,370 ($30.50) and a 12 month high of GBX 3,861 ($49.68). The stock has a fifty day simple moving average of GBX 2,638.91 and a two-hundred day simple moving average of GBX 2,920.20. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37. The firm has a market cap of £2.52 billion, a price-to-earnings ratio of 947.01, a PEG ratio of 2.74 and a beta of 0.61.

Wall Street Analyst Weigh In

SXS has been the topic of a number of analyst reports. Bank of America reissued a “buy” rating and issued a GBX 2,950 ($37.96) price target on shares of Spectris in a research report on Monday, September 2nd. Berenberg Bank raised Spectris to a “buy” rating and boosted their target price for the stock from GBX 3,520 ($45.30) to GBX 3,920 ($50.44) in a report on Wednesday, July 24th. Finally, Shore Capital upgraded Spectris to a “buy” rating in a report on Monday, September 9th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,707.50 ($60.58).

About Spectris

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.