Spectris plc 14.0% potential upside indicated by Barclays

Spectris plc with ticker (LON:SXS) now has a potential upside of 14.0% according to Barclays.



Barclays set a target price of 4,370 GBX for the company, which when compared to the Spectris plc share price of 3,758 GBX at opening today (21/10/2021) indicates a potential upside of 14.0%. Trading has ranged between 2,422 (52 week low) and 4,167 (52 week high) with an average of 386,731 shares exchanging hands daily. The market capitalisation at the time of writing is £4,132,429,700.

Spectris plc provides instruments, test equipment and software for many industrial applications. Through a combination of its hardware, and analytical and simulation software, it provides data and insights. It also provides a range of support services, such as training, technical support, spare parts, calibration and maintenance. Its segments include Omega, HBK, Industrial Solutions and Malvern Panalytical. Malvern Panalytical platform provides products and services that enables customers to determine structure, composition, quantity and quality of particles and materials during their research and product development processes. HBK platform supplies test, measurement and analysis equipment, software and services for product design optimization and manufacturing control. Omega platform offers products for measurement and control of temperature, humidity, pressure, strain, force, flow, level and conductivity. Industrial Solutions division comprises a portfolio of niche businesses.