Spirent Communications Plc Receives Average Rating of “Hold” from Analysts (LON:SPT)
Spirent Communications Plc (LON:SPT) has earned a consensus rating of “Hold” from the fifteen analysts that are currently covering the stock, AmericanBankingNews.com reports. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 119.20 ($1.97).
A number of analysts have recently weighed in on SPT shares. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Spirent Communications Plc in a research note on Friday, August 1st. They now have a GBX 135 ($2.23) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Spirent Communications Plc in a research note on Friday, August 1st. They now have a GBX 97 ($1.61) price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Spirent Communications Plc in a research note on Thursday, July 31st. They now have a GBX 105 ($1.74) price target on the stock.
Spirent Communications Plc (LON:SPT) traded down 0.29% on Monday, hitting GBX 103.20. 184,154 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 137.60. The stock has a 50-day moving average of GBX 98.73 and a 200-day moving average of GBX 99.2. The company’s market cap is £629.9 million.
The company also recently announced a dividend, which is scheduled for Friday, September 12th. Shareholders of record on Wednesday, August 6th will be paid a dividend of GBX 0.99 ($0.02) per share. This represents a dividend yield of 0.95%. The ex-dividend date 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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