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Spectris plc 10.5% Potential Upside Indicated by Bank of America Merrill Lynch

Spectris plc with EPIC/TICKER (LON:SXS) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Bank of America Merrill Lynch. Spectris plc are listed in the Industrials sector within UK Main Market. Bank of America Merrill Lynch have set their target price at 2500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 10.5% from today’s opening price of 2263 GBX. Over the last 30 and 90 trading days the company share price has decreased 212 points and decreased 411 points respectively. The 1 year high for the stock price is 2932 GBX while the year low share price is currently 1924.5 GBX.

Spectris plc has a 50 day moving average of 2,398.92 GBX and the 200 Day Moving Average price is recorded at 2,592.31. There are currently 872,112,138 shares in issue with the average daily volume traded being 322,651. Market capitalisation for LON:SXS is £2,662,135,497 GBP.