Spectris plc 15.0% potential upside indicated by Berenberg Bank

Spectris plc with ticker (LON:SXS) now has a potential upside of 15.0% according to Berenberg Bank.



Berenberg Bank set a target price of 4,380 GBX for the company, which when compared to the Spectris plc share price of 3,723 GBX at opening today (27/10/2021) indicates a potential upside of 15.0%. Trading has ranged between 2,422 (52 week low) and 4,167 (52 week high) with an average of 362,200 shares exchanging hands daily. The market capitalisation at the time of writing is £4,166,774,290.

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.