Spirent Communications Receives “Buy” Rating from Nplus1 Brewin (SPT)
Spirent Communications (LON:SPT)‘s stock had its “buy” rating restated by equities researchers at Nplus1 Brewin in a research report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 140 ($2.30) price objective on the stock. Nplus1 Brewin’s target price would suggest a potential upside of 40.92% from the stock’s previous close.
SPT has been the subject of a number of other recent research reports. Analysts at Jefferies Group downgraded shares of Spirent Communications to a “hold” rating in a research note to investors on Thursday. They now have a GBX 103 ($1.69) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Spirent Communications in a research note to investors on Thursday. Finally, 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. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 128.07 ($2.10).
Shares of Spirent Communications (LON:SPT) opened at 82.66 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 103.1 and a 200-day moving average of GBX 121.1. The company’s market cap is £531.0 million.
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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