Spectris plc 19.5% potential upside indicated by Barclays

Spectris plc with ticker (LON:SXS) now has a potential upside of 19.5% 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 3,517 GBX at opening today (02/12/2021) indicates a potential upside of 19.5%. Trading has ranged between 2,732 (52 week low) and 4,167 (52 week high) with an average of 343,923 shares exchanging hands daily. The market capitalisation at the time of writing is £3,885,510,510.

Spectris plc is a United Kingdom-based company, which provides instruments, test equipment and software for industrial applications. It also provides range of support services such as training, technical support, spare parts, calibration and maintenance. Its segments include Malvern Panalytical, HBK, Omega and e Industrial Solutions division (ISD). The Malvern Panalytical platform provides products and services that enable customers to determine structure, composition, quantity and quality of particles and materials during their research and product development processes. The HBK platform supplies test, measurement and analysis equipment, software and services for product design optimization, and manufacturing control. The Omega platform offers products for measurement and control of temperature, humidity, pressure, strain, force, flow, level, potential of hydrogen (pH) and conductivity. The ISD includes Particle Measuring Systems, Red Lion Controls and Servomex.