Spirent Communications Plc (SPT) Insider Eric G. Hutchinson Purchases 586 Shares
Spirent Communications Plc (LON:SPT) insider Eric G. Hutchinson purchased 586 shares of the company’s stock in a transaction on Tuesday, September 27th. The shares were purchased at an average price of GBX 79 ($1.03) per share, with a total value of £462.94 ($604.28).
Spirent Communications Plc (LON:SPT) opened at 81.25 on Friday. The company’s market cap is GBX 496.11 million. The firm’s 50-day moving average price is GBX 83.55 and its 200-day moving average price is GBX 82.87. Spirent Communications Plc has a 12-month low of GBX 64.25 and a 12-month high of GBX 94.75.
The company also recently disclosed a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 11th were given a dividend of GBX 1.27 ($0.02) per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 1.48%.
Several equities research analysts have commented on the company. Barclays PLC restated an “equal weight” rating and set a GBX 74 ($0.97) price target on shares of Spirent Communications Plc in a research note on Thursday, August 4th. Canaccord Genuity restated a “hold” rating and set a GBX 76 ($0.99) price target on shares of Spirent Communications Plc in a research note on Tuesday, June 7th. Panmure Gordon upped their price target on Spirent Communications Plc from GBX 120 ($1.57) to GBX 129 ($1.68) and gave the stock a “buy” rating in a research note on Tuesday, August 2nd. Citigroup Inc. upped their price target on Spirent Communications Plc from GBX 82 ($1.07) to GBX 95 ($1.24) and gave the stock a “neutral” rating in a research note on Wednesday, August 10th. Finally, Liberum Capital restated a “hold” rating and set a GBX 90 ($1.17) price target on shares of Spirent Communications Plc in a research note on Tuesday, August 2nd. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 85.36 ($1.11).
Spirent Communications Plc Company Profile
Spirent Communications plc (Spirent) is a provider of test methodologies and solutions for data communications. The Company operates through three segments: Networks & Applications, Wireless & Service Positioning and Service Assurance. The Networks & Applications segment develops solutions for functional, performance and security testing of various networks and applications that simulate real-world conditions in the lab, before a commercial launch and in the live network.
Receive News & Stock Ratings for Spirent Communications Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirent Communications Plc and related stocks with our FREE daily email newsletter.