Spirent Communications Rating Reiterated by N+1 Singer (SPT)
Spirent Communications (LON:SPT)‘s stock had its “buy” rating reiterated by investment analysts at N+1 Singer in a note issued to investors on Thursday, American Banking News.com reports.
Shares of Spirent Communications (LON:SPT) opened at 87.00 on Thursday. Spirent Communications has a 52 week low of GBX 96.15 and a 52 week high of GBX 170.555. The stock has a 50-day moving average of GBX 102.3 and a 200-day moving average of GBX 120.8. The company’s market cap is £558.9 million.
A number of other analysts have also recently weighed in on SPT. Analysts at Deutsche Bank cut their price target on shares of Spirent Communications from GBX 110 ($1.80) to GBX 106 ($1.74) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Spirent Communications in a research note to investors on Tuesday. They now have a GBX 105 ($1.72) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Spirent Communications in a research note to investors on Friday, January 3rd. They now have a GBX 146 ($2.39) price target on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. Spirent Communications has an average rating of “Hold” and an average price target of GBX 132.64 ($2.18).
Spirent Communications plc operates in the communications test and measurement industry. The Company is organized into three business segments: Performance Analysis, Service Assurance and Systems.
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