Key Points
- Insider Alison Henwood bought 13 Spectris shares on November 11 at an average price of GBX 4,111, a total transaction of £534.43.
- Spectris opened at GBX 4,112—near its 52-week high of GBX 4,170—with a market capitalization of £4.09 billion and a high P/E of 71.39, suggesting elevated valuation levels.
- Deutsche Bank lifted its target to GBX 4,147 and rated the stock "Hold"; the consensus is a Moderate Buy with an average target of GBX 3,573.50 (two Buy, one Hold).
Spectris plc (LON:SXS - Get Free Report) insider Alison Henwood purchased 13 shares of the stock in a transaction dated Tuesday, November 11th. The shares were acquired at an average price of GBX 4,111 per share, for a total transaction of £534.43.
Spectris Price Performance
LON SXS opened at GBX 4,112 on Wednesday. Spectris plc has a 52-week low of GBX 1,877 and a 52-week high of GBX 4,170. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The firm has a market capitalization of £4.09 billion, a price-to-earnings ratio of 71.39, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. The company has a 50 day simple moving average of GBX 4,095.56 and a 200-day simple moving average of GBX 3,568.33.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft boosted their target price on Spectris from GBX 3,763 to GBX 4,147 and gave the company a "hold" rating in a research note on Friday, September 5th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Spectris presently has a consensus rating of "Moderate Buy" and an average target price of GBX 3,573.50.
View Our Latest Analysis on Spectris
About Spectris
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
