Spirent Communications (LON:SPT) had its target price boosted by research analysts at Liberum Capital from GBX 134 ($1.85) to GBX 144 ($1.99) in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Liberum Capital’s target price would suggest a potential upside of 20.00% from the stock’s current price.
A number of other equities analysts have also commented on SPT. Berenberg Bank reaffirmed a “hold” rating on shares of Spirent Communications in a research note on Monday, November 20th. Barclays reaffirmed an “equal weight” rating and issued a GBX 100 ($1.38) price objective on shares of Spirent Communications in a research note on Friday, January 12th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of GBX 126.80 ($1.75).
Spirent Communications (SPT) opened at GBX 120 ($1.66) on Friday. Spirent Communications has a 52 week low of GBX 1.15 ($0.02) and a 52 week high of GBX 131 ($1.81). The company has a market cap of $735.31 and a P/E ratio of 4,000.00.
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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.
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