Alison Henwood Acquires 19 Shares of Spectris plc (LON:SXS) Stock

Spectris plc (LON:SXS) insider Alison Henwood bought 19 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was purchased at an average cost of GBX 2,599 ($33.44) per share, for a total transaction of £493.81 ($635.45).

Spectris Trading Down 2.1 %

Shares of Spectris stock traded down GBX 56 ($0.72) during trading on Tuesday, hitting GBX 2,580 ($33.20). The stock had a trading volume of 624,759 shares, compared to its average volume of 489,444. The firm’s fifty day simple moving average is GBX 2,655.13 and its 200-day simple moving average is GBX 2,930.55. The stock has a market cap of £2.55 billion, a PE ratio of 978.82, a PEG ratio of 2.74 and a beta of 0.61. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. Spectris plc has a 12 month low of GBX 2,370 ($30.50) and a 12 month high of GBX 3,861 ($49.68).

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Berenberg Bank upgraded Spectris to a “buy” rating and increased their price target for the stock from GBX 3,520 ($45.30) to GBX 3,920 ($50.44) in a report on Wednesday, July 24th. Bank of America reiterated a “buy” rating and issued a GBX 2,950 ($37.96) price objective on shares of Spectris in a research note on Monday, September 2nd. Finally, Shore Capital upgraded shares of Spectris to a “buy” rating in a research report on Monday, September 9th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,707.50 ($60.58).

Spectris Company Profile

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.