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.

In other Spirent Communications news, insider Eric G. Hutchinson acquired 244 shares of Spirent Communications stock in a transaction that occurred on Wednesday, December 27th. The stock was acquired at an average price of GBX 103 ($1.40) per share, with a total value of £251.32 ($340.82). Also, insider Gary Bullard acquired 5,000 shares of Spirent Communications stock in a transaction that occurred on Thursday, November 9th. The stock was acquired at an average cost of GBX 95 ($1.29) per share, with a total value of £4,750 ($6,441.55). Insiders have acquired a total of 5,762 shares of company stock valued at $549,954 in the last three months.

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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.

Analyst Recommendations for Spirent Communications (LON:SPT)

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