Spirent Communications Plc (SPT) Given “Buy” Rating at Liberum Capital

Liberum Capital reissued their buy rating on shares of Spirent Communications Plc (LON:SPT) in a research report report published on Friday. They currently have a GBX 134 ($1.76) price target on the stock.

SPT has been the subject of several other research reports. N+1 Singer restated a hold rating on shares of Spirent Communications Plc in a research report on Thursday, August 3rd. Numis Securities Ltd reissued a buy rating and issued a GBX 145 ($1.91) price target on shares of Spirent Communications Plc in a report on Friday, August 4th. Goldman Sachs Group, Inc. (The) reissued a neutral rating and issued a GBX 110 ($1.45) price target on shares of Spirent Communications Plc in a 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 for the company in a report on Friday, September 8th. Finally, J P Morgan Chase & Co reduced their target price 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 investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 125.90 ($1.66).

Spirent Communications Plc (LON:SPT) traded up GBX 4.18 ($0.05) during trading hours on Friday, hitting GBX 100.18 ($1.32). 951,123 shares of the stock were exchanged, compared to its average volume of 397,622. 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 related news, insider Eric G. Hutchinson acquired 528 shares of the stock in a transaction on Monday, September 25th. The shares were acquired at an average price of GBX 96 ($1.26) per share, with a total value of £506.88 ($666.68). Also, insider Gary Bullard acquired 5,000 shares of the stock in a transaction on Thursday, November 9th. The stock was bought at an average cost of GBX 95 ($1.25) per share, for a total transaction of £4,750 ($6,247.53). Over the last 90 days, insiders have purchased 21,060 shares of company stock worth $2,135,648.

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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