Spectris plc 34.1% potential upside indicated by Berenberg Bank

Spectris plc with ticker (LON:SXS) now has a potential upside of 34.1% according to Berenberg Bank.

SXS.L

Berenberg Bank set a target price of 3,920 GBX for the company, which when compared to the Spectris plc share price of 2,924 GBX at opening today (13/08/2024) indicates a potential upside of 34.1%. Trading has ranged between 2,728 (52 week low) and 3,861 (52 week high) with an average of 212,966 shares exchanging hands daily. The market capitalisation at the time of writing is £2,913,333,318.

Spectris plc is a United Kingdom-based company that provides critical insights to its customers through precision measurement, using technical expertise and deep domain knowledge. The Company provides high-tech instruments, test equipment and software for technically demanding industrial applications. Its segments include Spectris Scientific, Spectris Dynamics and Other. Its Spectris Scientific segment provides advanced measurement and materials characterization, accelerating efficiency in R&D and manufacturing. The operating companies in this segment are Malvern Panalytical Limited and Particle Measuring Systems, Inc. Its Spectris Dynamics segment provides differentiated sensing, data acquisition, analysis modelling and simulation solutions to help customers accelerate product development and enhance product performance. Its Spectris Dynamics segment supports the automotive, machine manufacturing, aerospace, electronics and advanced research customers.