Spirent Communications Plc Rating Reiterated by Jefferies Group (SPT)
Spirent Communications Plc (LON:SPT)‘s stock had its “hold” rating reaffirmed by investment analysts at Jefferies Group in a note issued to investors on Monday, Analyst RN reports. They currently have a GBX 108 ($1.82) price target on the stock. Jefferies Group’s price target points to a potential upside of 14.29% from the company’s current price.
A number of other firms have also recently commented on SPT. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Spirent Communications Plc in a research note on Friday, May 9th. They now have a GBX 150 ($2.53) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Spirent Communications Plc from GBX 106 ($1.79) to GBX 105 ($1.77) in a research note on Thursday, April 24th. They now have a “hold” rating on the stock. Finally, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Spirent Communications Plc in a research note on Wednesday, April 23rd. They now have a GBX 125 ($2.11) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 120.44 ($2.03).
Shares of Spirent Communications Plc (LON:SPT) opened at 94.50 on Monday. Spirent Communications Plc has a 52-week low of GBX 81.40 and a 52-week high of GBX 158.90. The stock’s 50-day moving average is GBX 97.03 and its 200-day moving average is GBX 100.9. The company’s market cap is £579.7 million.
Spirent Communications plc, operates in the communications test and measurement industry. The Company is organized into two business segments: Performance Analysis and Service Assurance.
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