JP Morgan raises target price on Spectris

4th Mar 2024 10:40

(Sharecast News) - Analysts at JP Morgan raised their target price on instrumentation and controls group Spectris from 2,900.0p to 2,950.0p on Monday, but noted that the group's full-year results had left it with "little to get excited over".

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London close: Stocks start the month with positive close

1st Mar 2024 15:06

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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London close: Stocks finish positive as US inflation moderates

29th Feb 2024 16:05

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

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Spectris reports record profits but sales fall short of forecasts

29th Feb 2024 07:39

(Sharecast News) - Precision instrumentation and controls company Spectris reported record adjusted profits for 2023 on the back of double-digit sales growth and improving margins, though sales came in slightly below forecasts.

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London close: Stocks finish mixed, Rolls-Royce jumps on upgrade

31st Oct 2023 15:41

(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.

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Spectris expects full-year profits at top end of guidance

31st Oct 2023 07:01

(Sharecast News) - Precision instrumentation and controls company Spectris has said it expects full-year profits to be at the top end of forecasts despite a continued slowdown in sales growth in the third quarter.

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Spectris share price has further to fall, says JPMorgan

19th Oct 2023 10:02

(Sharecast News) - Industrial equipment manufacturer Spectris's recent share price falls are not done yet, according to JPMorgan, which reiterated its 'underweight' position on the stock on Thursday.

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Spectris's boss and chairman pick up some shares

1st Aug 2023 17:48

(Sharecast News) - Spectris's boss and chairman both picked up some shares in the precision instrumentation and controls manufacturer at the start of the third quarter.

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Spectris posts record operating profits, raises guidance

31st Jul 2023 07:05

(Sharecast News) - Spectris posted a big jump in first half sales for record profits, leading management to raise its full-year guidance.

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Spectris to buy Vermont-based MicroStrain for $37.6m

19th Jun 2023 07:53

(Sharecast News) - Spectris said on Monday that it has agreed to buy Vermont-based MicroStrain for $37.6m (£29.4m).

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Spectris guidance as Q1 sales rise 24% on strong order book

27th Apr 2023 08:12

(Sharecast News) - Precision instrument maker Spectris held annual guidance as first quarter sales rose 24% driven by a strong order book and easing of supply chain constraints.

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Berenberg raises target price on Spectris

6th Mar 2023 12:42

(Sharecast News) - Analysts at Berenberg raised their target price on instrumentation company Spectris from 3,470.0p to 3,780.0p on Monday, stating the group's upgraded outlook provided "near-term visibility".

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Spectris FY up on higher prices, volumes

23rd Feb 2023 07:55

(Sharecast News) - Precision measurement maker Spectris said annual profits rose 19% on volume and pricing growth.

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Berenberg downgrades Spectris to 'hold'

20th Feb 2023 08:33

(Sharecast News) - Berenberg downgraded Spectris on Monday as it took a look at capital goods and industrial engineering stocks.

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Spirax Sarco reiterates guidance for full-year oeprating profits

17th Nov 2022 07:50

(Sharecast News) - Spirax Sarco reported continued strong underlying demand for over the four months ending in October, despite a weakening outlook for global industrial production.

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