Spirent Communications Plc Receives Equal weight Rating from Barclays (SPT)
Spirent Communications Plc (LON:SPT)‘s stock had its “equal weight” rating reaffirmed by Barclays in a research note issued on Tuesday. They currently have a GBX 97 ($1.66) price objective on the stock. Barclays’ price target indicates a potential upside of 1.25% from the stock’s previous close.
Spirent Communications Plc (LON:SPT) traded down 1.24% during mid-day trading on Tuesday, hitting GBX 95.80. The stock had a trading volume of 404,145 shares. Spirent Communications Plc has a one year low of GBX 81.40 and a one year high of GBX 158.90. The stock has a 50-day moving average of GBX 98.15 and a 200-day moving average of GBX 98.77. The company’s market cap is £587.6 million.
SPT has been the subject of a number of other recent research reports. Analysts at N+1 Singer reiterated a “buy” rating on shares of Spirent Communications Plc in a research note on Wednesday, July 2nd. They now have a GBX 125 ($2.14) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirent Communications Plc in a research note on Wednesday, July 2nd. They now have a GBX 135 ($2.32) price target on the stock. Finally, 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 ($2.06) price target on the stock. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 119.80 ($2.05).
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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