Spirent Communications Plc’s Equal Weight Rating Reaffirmed at Barclays (SPT)
Spirent Communications Plc (LON:SPT)‘s stock had its “equal weight” rating reaffirmed by stock analysts at Barclays in a report issued on Friday. They currently have a GBX 97 ($1.63) price objective on the stock. Barclays’ price target suggests a potential upside of 0.78% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a “hold” rating on shares of Spirent Communications Plc in a research note on Thursday. They now have a GBX 105 ($1.77) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Spirent Communications Plc in a research note on Thursday. They now have a GBX 99 ($1.67) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Spirent Communications Plc in a research note on Thursday. They now have a GBX 125 ($2.10) price target on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. Spirent Communications Plc presently has an average rating of “Hold” and an average price target of GBX 119.20 ($2.01).
Shares of Spirent Communications Plc (LON:SPT) traded down 2.43% on Friday, hitting GBX 96.25. 1,412,221 shares of the company’s stock traded hands. Spirent Communications Plc has a 1-year low of GBX 81.40 and a 1-year high of GBX 158.90. The stock’s 50-day moving average is GBX 97.39 and its 200-day moving average is GBX 98.64. The company’s market cap is £587.5 million.
The company also recently declared a dividend, which is scheduled for Friday, September 12th. Stockholders of record on Wednesday, August 6th will be given a dividend of GBX 0.99 ($0.02) per share. This represents a yield of 0.95%. The ex-dividend date of this dividend is Wednesday, August 6th.
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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