Spectris plc 10.1% Potential Decrease Indicated by Morgan Stanley

Broker Ratings
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Spectris plc with EPIC/TICKER (LON:SXS) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Morgan Stanley. Spectris plc are listed in the Industrials sector within UK Main Market. Morgan Stanley have set a target price of 2500 GBX on its stock. This now indicates the analyst believes there is a potential downside of -10.1% from the opening price of 2780 GBX. Over the last 30 and 90 trading days the company share price has increased 10 points and increased 389 points respectively. The 1 year high for the share price is 2984 GBX while the 52 week low is 2210 GBX.

Spectris plc has a 50 day moving average of 2,810.24 GBX and the 200 Day Moving Average price is recorded at 2,628.68. There are currently 115,996,955 shares in issue with the average daily volume traded being 374,505. Market capitalisation for LON:SXS is £3,249,074,709 GBP.

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