Spectris (OTCMKTS:SEPJF) was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Thursday, The Fly reports.
Other research analysts have also issued reports about the company. JPMorgan Chase & Co. restated a “neutral” rating on shares of Spectris in a research report on Tuesday, September 21st. Barclays reiterated an “overweight” rating on shares of Spectris in a report on Friday, October 15th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Spectris in a report on Friday, August 27th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, Spectris currently has an average rating of “Hold”.
SEPJF opened at $47.72 on Thursday. Spectris has a 52 week low of $34.65 and a 52 week high of $55.28. The business has a fifty day simple moving average of $50.73 and a 200-day simple moving average of $48.97.
Spectris Plc is a holding company, which engages in the manufacture, development, and supply of measuring instruments and controls. It operates through the following segments: The Malvern Panalytical platform, The HBK platform, The Omega platform, and The Industrial Solutions Division. The Malvern Panalytical platform provides products and services that enable customers to determine structure, composition, and quantity and quality of particles and materials during their research and product development processes, when assessing materials before production or during the manufacturing process.
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