Spirent Communications Plc (LON:SPT) Scheduled to Post Earnings on Thursday
Spirent Communications Plc (LON:SPT) is scheduled to release its earnings data before the market opens on Thursday, August 3rd.
Spirent Communications Plc (LON SPT) opened at 118.25 on Thursday. The firm’s market cap is GBX 722.03 million. Spirent Communications Plc has a 12-month low of GBX 74.50 and a 12-month high of GBX 130.25. The firm has a 50-day moving average of GBX 119.56 and a 200-day moving average of GBX 112.75.
In other Spirent Communications Plc news, insider Eric G. Hutchinson purchased 492 shares of the company’s stock in a transaction dated Wednesday, May 24th. The shares were bought at an average price of GBX 120 ($1.56) per share, with a total value of £590.40 ($769.15). Also, insider Eric G. Hutchinson purchased 202 shares of the company’s stock in a transaction dated Monday, July 24th. The shares were acquired at an average cost of GBX 124 ($1.62) per share, for a total transaction of £250.48 ($326.32). In the last ninety days, insiders have bought 26,398 shares of company stock worth $3,116,506.
SPT has been the topic of several analyst reports. Deutsche Bank AG increased their target price on Spirent Communications Plc from GBX 84 ($1.09) to GBX 120 ($1.56) and gave the company a “hold” rating in a research note on Wednesday, April 12th. N+1 Singer reissued a “hold” rating and issued a GBX 109 ($1.42) target price on shares of Spirent Communications Plc in a research note on Wednesday, May 3rd. Citigroup Inc. raised Spirent Communications Plc to a “buy” rating and increased their target price for the company from GBX 90 ($1.17) to GBX 145 ($1.89) in a research note on Tuesday, May 9th. Jefferies Group LLC reissued a “hold” rating and issued a GBX 88 ($1.15) target price on shares of Spirent Communications Plc in a research note on Monday, May 15th. Finally, Barclays PLC increased their target price on Spirent Communications Plc from GBX 74 ($0.96) to GBX 101 ($1.32) and gave the company an “equal weight” rating in a research note on Tuesday, April 11th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 124.60 ($1.62).
About Spirent Communications Plc
Spirent Communications plc enables service provider networks, data centers, enterprise information technology (IT), mobile communications, connected vehicles or the Internet of Things to communicate and collaborate. The Company’s segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.
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