Eric G. Hutchinson Buys 244 Shares of Spirent Communications Plc (SPT) Stock

Spirent Communications Plc (LON:SPT) insider Eric G. Hutchinson purchased 244 shares of the company’s stock in a transaction dated Wednesday, December 27th. The stock was purchased at an average cost of GBX 103 ($1.38) per share, with a total value of £251.32 ($336.03).

Spirent Communications Plc (LON:SPT) opened at GBX 102 ($1.36) on Friday. The stock has a market cap of $630.59 and a PE ratio of -2,550.00. Spirent Communications Plc has a 52-week low of GBX 89.50 ($1.20) and a 52-week high of GBX 130.25 ($1.74).

A number of research firms recently weighed in on SPT. Goldman Sachs Group reaffirmed a “neutral” rating and set a GBX 110 ($1.47) price objective on shares of Spirent Communications in a research report on Thursday, September 14th. JPMorgan Chase & Co. decreased their price target on shares of Spirent Communications from GBX 145 ($1.94) to GBX 140 ($1.87) and set a “buy” rating for the company in a research report on Friday, September 8th. Jefferies Group decreased their price target on shares of Spirent Communications from GBX 145 ($1.94) to GBX 140 ($1.87) and set a “buy” rating for the company in a research report on Friday, September 8th. Liberum Capital reissued a “buy” rating and issued a GBX 134 ($1.79) price target on shares of Spirent Communications in a research report on Friday, November 10th. Finally, Berenberg Bank reissued a “hold” rating on shares of Spirent Communications in a research report on Monday, November 20th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 125.90 ($1.68).

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About Spirent Communications

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.

Insider Buying and Selling by Quarter for Spirent Communications (LON:SPT)

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