Spirent Communications (SPT) Receives Buy Rating from Liberum Capital
Liberum Capital restated their buy rating on shares of Spirent Communications (LON:SPT) in a research note published on Friday morning. They currently have a GBX 134 ($1.82) target price on the stock.
Several other equities analysts have also recently weighed in on the stock. Berenberg Bank reiterated a hold rating on shares of Spirent Communications in a research report on Monday, November 20th. Goldman Sachs Group reiterated a neutral rating and set a GBX 110 ($1.49) price objective on shares of Spirent Communications in a research report on Thursday, September 14th. Finally, Barclays reiterated an equal weight rating and set a GBX 100 ($1.36) price objective on shares of Spirent Communications in a research report on Friday. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Spirent Communications currently has a consensus rating of Hold and an average target price of GBX 125.80 ($1.71).
Spirent Communications (LON SPT) traded up GBX 1.40 ($0.02) during midday trading on Friday, reaching GBX 103.20 ($1.40). 2,267,906 shares of the company’s stock traded hands, compared to its average volume of 290,158. Spirent Communications has a 12-month low of GBX 1.15 ($0.02) and a 12-month high of GBX 130.25 ($1.77). The stock has a market cap of $629.87 and a PE ratio of -2,580.00.
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Spirent Communications Company Profile
Spirent Communications plc enables service provider networks, data centers, enterprise information technology (IT), mobile communications, connected vehicles or the Internet of Things to communicate and collaborate. The Company’s segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.
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