Berenberg Bank Lowers Spectris (LON:SXS) Price Target to GBX 3,000

Posted by Kyle Jackson on Mar 12th, 2025

Spectris (LON:SXS – Free Report) had its price objective cut by Berenberg Bank from GBX 3,180 ($41.17) to GBX 3,000 ($38.84) in a report issued on Monday morning,Digital Look reports. They currently have a buy rating on the stock.

Separately, Shore Capital reissued a “buy” rating on shares of Spectris in a report on Thursday, January 23rd. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 3,765 ($48.74).

View Our Latest Analysis on SXS

Spectris Stock Performance

Spectris stock traded up GBX 60 ($0.78) during mid-day trading on Monday, reaching GBX 2,504 ($32.42). The company’s stock had a trading volume of 37,098 shares, compared to its average volume of 1,422,548. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37. Spectris has a twelve month low of GBX 2,370 ($30.68) and a twelve month 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 firm has a market cap of £2.49 billion, a price-to-earnings ratio of 9.27, a PEG ratio of 2.74 and a beta of 0.61.

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

About Spectris

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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.