Spirent Communications Plc Stock Rating Reaffirmed by Numis Securities Ltd (SPT)
Spirent Communications Plc (LON:SPT)‘s stock had its “buy” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued on Wednesday. They currently have a GBX 135 ($2.30) price target on the stock. Numis Securities Ltd’s price target indicates a potential upside of 37.83% from the stock’s previous close.
SPT has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Spirent Communications Plc in a research note on Monday, June 23rd. They now have a GBX 120 ($2.04) price target on the stock. Separately, analysts at Goldman Sachs raised their price target on shares of Spirent Communications Plc from GBX 88 ($1.50) to GBX 95 ($1.62) in a research note on Tuesday, May 20th. They now have a “sell” rating on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Spirent Communications Plc in a research note on Monday, May 12th. They now have a GBX 108 ($1.84) price target on the stock. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 121.06 ($2.06).
Shares of Spirent Communications Plc (LON:SPT) traded down 0.66% during mid-day trading on Wednesday, hitting GBX 97.30. The stock had a trading volume of 299,450 shares. Spirent Communications Plc has a 52 week low of GBX 81.40 and a 52 week high of GBX 158.90. The stock has a 50-day moving average of GBX 98.23 and a 200-day moving average of GBX 98.84. The company’s market cap is £596.8 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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