Spectris (LON:SXS) Given New GBX 3,000 Price Target at Berenberg Bank

Posted by James Quigley on Mar 12th, 2025

Spectris (LON:SXS – Get Free Report) had its price objective lowered by stock analysts at Berenberg Bank from GBX 3,180 ($41.17) to GBX 3,000 ($38.84) in a research note issued to investors on Monday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 19.71% from the company’s previous close.

Separately, Shore Capital restated a “buy” rating on shares of Spectris in a research note on Thursday, January 23rd. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Spectris currently has an average rating of “Buy” and an average target price of GBX 3,765 ($48.74).

Check Out Our Latest Report on SXS

Spectris Trading Up 2.5 %

Shares of LON:SXS traded up GBX 62 ($0.80) during midday trading on Monday, reaching GBX 2,506 ($32.44). The company’s stock had a trading volume of 36,943 shares, compared to its average volume of 1,422,545. Spectris has a 1 year low of GBX 2,370 ($30.68) and a 1 year high of GBX 3,430 ($44.41). The business has a 50 day moving average price of GBX 2,796.82 and a 200 day moving average price of GBX 2,681.49. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. The firm has a market cap of £2.50 billion, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Spectris (LON:SXS – Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The company reported GBX 148.10 ($1.92) earnings per share for the quarter. Spectris had a net margin of 20.44% and a return on equity of 20.13%. Research analysts forecast that Spectris will post 194.7972456 EPS for the current year.

Spectris Company Profile

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The experts in providing insight through precision measurement.

Our purpose is to deliver value beyond measure – going beyond just the measurement.

Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.

Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.

This equips them with the ability to reduce time to market, improve processes, quality and yield.