Spectris (LON:SXS) Receives Neutral Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their neutral rating on shares of Spectris (LON:SXSGet Rating) in a research note published on Tuesday, Marketbeat reports. The brokerage currently has a GBX 3,485 ($42.70) target price on the stock.

SXS has been the subject of a number of other research reports. Shore Capital reissued a buy rating on shares of Spectris in a report on Monday. Berenberg Bank reissued a buy rating and issued a GBX 3,835 ($46.99) price objective on shares of Spectris in a report on Wednesday, May 11th. Finally, Barclays reaffirmed an overweight rating and set a GBX 3,650 ($44.72) target price on shares of Spectris in a research note on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Spectris currently has a consensus rating of Hold and an average target price of GBX 3,424 ($41.96).

Spectris Trading Down 2.7 %

Shares of SXS opened at GBX 2,800 ($34.31) on Tuesday. The company has a current ratio of 1.75, a quick ratio of 1.17 and a debt-to-equity ratio of 5.23. Spectris has a 12-month low of GBX 2,371 ($29.05) and a 12-month high of GBX 4,167 ($51.06). The firm has a 50-day moving average price of GBX 2,899.24 and a 200 day moving average price of GBX 2,908.65. The firm has a market capitalization of £2.96 billion and a P/E ratio of 946.71.

Spectris Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 11th. Stockholders of record on Thursday, October 6th will be paid a GBX 24.10 ($0.30) dividend. This represents a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, October 6th. Spectris’s payout ratio is 22.86%.

Spectris Company Profile

(Get Rating)

Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through Malvern Panalytical, HBK, Omega and Industrial Solutions segments. The Malvern Panalytical segment provides measurement and materials characterization and efficiency in R&D and manufacturing sectors.

Featured Articles

Analyst Recommendations for Spectris (LON:SXS)

Want More Great Investing Ideas?

Receive News & Ratings for Spectris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectris and related companies with MarketBeat.com's FREE daily email newsletter.