Liberum Capital Reiterates Buy Rating for Spirent Communications Plc (SPT)

Spirent Communications Plc (LON:SPT)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Friday. They presently have a GBX 134 ($1.76) price objective on the stock. Liberum Capital’s target price would indicate a potential upside of 33.76% from the company’s previous close.

Several other research analysts also recently weighed in on the stock. N+1 Singer reiterated a “hold” rating on shares of Spirent Communications Plc in a research report on Thursday, August 3rd. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 145 ($1.91) price target on shares of Spirent Communications Plc in a research report on Friday, August 4th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a GBX 110 ($1.45) price target on shares of Spirent Communications Plc in a research report on Thursday, September 14th. Jefferies Group LLC decreased their price target on shares of Spirent Communications Plc from GBX 145 ($1.91) to GBX 140 ($1.84) and set a “buy” rating on the stock in a research report on Friday, September 8th. Finally, J P Morgan Chase & Co reduced their price objective on shares of Spirent Communications Plc from GBX 145 ($1.91) to GBX 140 ($1.84) and set a “buy” rating for the company in a research note on Friday, September 8th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 125.90 ($1.66).

Spirent Communications Plc (SPT) opened at GBX 100.18 ($1.32) on Friday. Spirent Communications Plc has a 52-week low of GBX 75.75 ($1.00) and a 52-week high of GBX 130.25 ($1.71).

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In other Spirent Communications Plc news, insider Gary Bullard acquired 5,000 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of GBX 95 ($1.25) per share, with a total value of £4,750 ($6,247.53). Also, insider Eric G. Hutchinson acquired 258 shares of the company’s stock in a transaction on Thursday, August 24th. The stock was acquired at an average cost of GBX 97 ($1.28) per share, with a total value of £250.26 ($329.16). Insiders acquired a total of 21,060 shares of company stock valued at $2,135,648 over the last three months.

Spirent Communications Plc Company Profile

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.

Analyst Recommendations for Spirent Communications Plc (LON:SPT)

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