Liberum Capital Reports Spectris PLC (LON:SXS) Downgrade; Taro Pharmaceutical Industries LTD. Ordinary Share (TARO) Shorts Raised By 0.8%

March 9, 2018 - By John Hoffman

Taro Pharmaceutical Industries LTD. Ordinary Share (NYSE:TARO) had an increase of 0.8% in short interest. TARO’s SI was 928,300 shares in March as released by FINRA. Its up 0.8% from 920,900 shares previously. With 100,900 avg volume, 9 days are for Taro Pharmaceutical Industries LTD. Ordinary Share (NYSE:TARO)’s short sellers to cover TARO’s short positions. The SI to Taro Pharmaceutical Industries LTD. Ordinary Share’s float is 8.71%. The stock increased 0.16% or $0.16 during the last trading session, reaching $99.66. About 70,043 shares traded. Taro Pharmaceutical Industries Ltd. (NYSE:TARO) has declined 13.84% since March 9, 2017 and is downtrending. It has underperformed by 30.54% the S&P500.

In a a research note issued to clients on Friday, 9 March, investment analysts at Liberum Capital’s equities division downgraded Spectris PLC (LON:SXS)‘s stock rating to a “Hold”.

Among 19 analysts covering Spectris PLC (LON:SXS), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 42% are positive. Spectris PLC has GBX 3175 highest and GBX 1600 lowest target. GBX 2488.06’s average target is -5.07% below currents GBX 2621 stock price. Spectris PLC had 166 analyst reports since July 30, 2015 according to SRatingsIntel. Barclays Capital maintained Spectris plc (LON:SXS) on Thursday, August 17 with “Overweight” rating. J.P. Morgan maintained the shares of SXS in report on Wednesday, October 28 with “Neutral” rating. The rating was maintained by JP Morgan with “Neutral” on Monday, July 24. The firm earned “Hold” rating on Monday, February 8 by Canaccord Genuity. The stock has “Buy” rating by Liberum Capital on Tuesday, November 21. The stock of Spectris plc (LON:SXS) earned “Hold” rating by Peel Hunt on Friday, February 23. The firm has “Neutral” rating by JP Morgan given on Monday, August 22. Liberum Capital maintained it with “Buy” rating and GBX 2830 target in Thursday, July 27 report. On Thursday, July 28 the stock rating was maintained by Peel Hunt with “Hold”. Numis Securities maintained the stock with “Add” rating in Monday, May 23 report.

Spectris plc manufactures and sells measuring instruments and controls worldwide. The company has market cap of 3.13 billion GBP. It operates through four divisions: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. It has a 13.37 P/E ratio. The Materials Analysis segment provides services and products, which enable clients to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process.