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Home / Momentum / Spectris (SXS.L) 11-05-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Spectris (SXS.L) 11-05-20

Will shares in Spectris (SXS.L) continue to push upwards, reaching new highs?

  • Now trading at 2713p (at time of writing), the share price momentum has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Shares -9% from 12-month highs; +27% from 12 month lows.

Latest News

27 Apr:  JP Morgan Cazenove reiterates its neutral rating on Spectris (SXS) and increased the target price to 2350p (from 2175p).

24 Apr:  Barclays Capital reiterates its overweight rating on Spectris (SXS) and reduced the target price to 2940p (from 3320p).

14 Apr:  Jefferies International reiterates its buy rating on Spectris (SXS) and reduced the target price to 2930p (from 3110p).

06 Apr:  HSBC has downgraded its rating on Spectris (SXS) to hold (from buy) and reduced the target price to 2450p (from 3500p).

01 Apr:  Peel Hunt has upgraded its rating on Spectris (SXS) to buy (from add).

26 Mar:  Berenberg reiterates its hold rating on Spectris (SXS) and reduced the target price to 2240p (from 2250p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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